4Filed Aug 23, 8:00 PM ET
SONO TEK (SOTK) Director Joseph Riemer Receives 5,396-Share Award
$SOTK · SONO TEK CORPResearch Summary
AI-generated summary of this SEC filing
SONO TEK (SOTK) Director Joseph Riemer Receives 5,396-Share Award
What Happened
Joseph Riemer, a director of SONO TEK CORP (SOTK), was granted 5,396 shares as a derivative award on August 20, 2026. The award is reported at a per-share value of $5.35, for a total reported value of $28,869. The Form 4 classifies this transaction as an "A" (award/grant) and as a derivative security.
Key Details
- Transaction date: 2026-08-20; filing date: 2026-08-24 (filed within the SEC two-business-day window).
- Price/value reported: $5.35 per share; total value $28,869.
- Security type: Derivative award (Form 4 marks the shares as derivative securities).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/conditions: Filing indicates an award/grant; no 10b5-1 plan, tax withholding, or immediate sale noted in the excerpt.
Context
Director awards are commonly part of board compensation (e.g., restricted stock or RSUs) and do not necessarily reflect a buy/sell decision in the open market. This grant represents a modest-dollar director compensation event rather than a large investment signal.