Sono Tek Corp: director Joseph Riemer exercised 22,451 shares

What happened

• Joseph Riemer, a director, exercised options for 22,451 shares on Oct 12, 2026. Exercise prices ranged from $2.65 to $5.50, with total cash paid of $88,202. The filing shows he surrendered 10,631 shares at $7.08 per share (total $75,268) as payment for exercise price and tax withholding. The filing also reports matching dispositions to the issuer of 22,451 derivative shares.

Key details

• Transaction date: Oct 12, 2026. Exercise lots: 2,000 @ $2.65 ($5,300); 6,050 @ $3.19 ($19,300); 3,300 @ $5.50 ($18,150); 3,676 @ $4.79 ($17,608); 4,267 @ $4.12 ($17,580); 3,158 @ $3.25 ($10,264). Tax/withholding dispositions: 749, 2,726, 736, 2,487, 2,483, 1,450 shares @ $7.08 (total $75,268).
• Shares owned after the transaction: not reported in the information provided.
• Footnotes: F1–F6 indicate the reporting person exercised vested options; F7–F12 indicate shares were surrendered as payment for the exercise of options (tax withholding/payment).
• Filing timeliness: not indicated in the information provided.

Why it may matter

• This filing reports exercised options with shares surrendered to the issuer to cover exercise price and tax withholding (a cashless-type settlement). For derivative transactions, the filing shows exercised options and related dispositions.
• A filing does not show why the insider traded or why the company acted.