Sono Tek Corp: CFO Stephen Bagley exercised 5,488 shares

What happened Stephen Bagley, chief financial officer, exercised 5,488 vested options to acquire 5,488 shares at $3.25 per share for $17,836 on Oct 5, 2026. The filing shows a disposition to the issuer of 5,488 shares at $3.25 for $17,836 (derivative) and a surrender of 2,877 shares of common stock to cover the exercise/tax obligation, valued at $17,837.

Key details

• Transaction dates and prices: Oct 5, 2026 — exercised 5,488 options at $3.25 (M) = $17,836; surrendered 2,877 shares at $6.20 (F) = $17,837; disposition to issuer 5,488 shares at $3.25 (D) = $17,836.
• Shares owned after the transaction: not stated in the provided filing data.
• Footnotes: F1 — reporting person exercised 5,488 vested options; F2 — reporting person surrendered 2,877 shares of SonoTek common stock as payment for the exercise of options.
• Filing timeliness: not indicated in the provided filing data.

Why it may matter

• The filing shows an options exercise with shares surrendered to cover the exercise/tax, consistent with a cashless/net-share settlement of the exercised options.
• The filing does not show why the insider traded or why the company acted.