SONO TEK (SOTK) VP Christopher Cichetti Receives 12,968-Share Award

What Happened

• Christopher Cichetti, Vice President of SONO TEK Corp. (SOTK), was granted 12,968 derivative shares on August 20, 2026. The filing values the award at $5.35 per share for a total of about $69,379. This was reported on SEC Form 4 filed August 24, 2026.
• This transaction is an award/acquisition (transaction code A) of derivative securities, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-24 (filed within SEC Form 4 timing requirements).
• Shares/units acquired: 12,968; Reported value: $5.35 per share; Total value ≈ $69,379.
• Security type: Derivative award (the filing lists a derivative acquisition; details such as whether these are RSUs, performance shares, or subject to vesting were not provided in the summary).
• Shares owned after transaction: Not specified in the provided data.
• No 10b5-1 plan, tax-withholding, or other footnotes were included in the summary provided.

Context

• Derivative awards reported on Form 4 often reflect compensation (e.g., restricted stock units or performance awards) that may vest over time; they are different from outright open-market purchases and do not necessarily signal an immediate buy conviction. As an executive (VP) rather than a 10% owner, this looks like a routine equity compensation grant unless further details indicate otherwise.