HELMETAG CARL 4

What Happened
Carl Helmetag, a director of Espey Mfg & Electronics Corp (ESP), sold a total of 1,000 shares in multiple open‑market transactions on June 24, 2026. The sales were executed in many small lots at prices ranging from $63.13 to $63.98, producing total gross proceeds of approximately $63,660 (average ≈ $63.66 per share). These transactions are sales (liquidity events) rather than purchases.

Key Details

• Transaction date: June 24, 2026; Form 4 filed June 26, 2026 (filed within the 2‑business‑day window).
• Sale type: Open‑market sales (code S).
• Shares sold: 1,000 shares across 23 trades.
• Price range: $63.13 – $63.98; total proceeds ≈ $63,660 (avg ≈ $63.66/share).
• Shares/options held after transaction: Filing notes the reporting person holds 14,542 unexercised stock options (Footnote F1). The Form 4 does not disclose post‑sale common‑share holdings.
• No 10b5‑1 plan, tax withholding, or late‑filing flags were indicated on the reported form.

Context

• Sales by directors are often routine liquidity events and do not necessarily indicate a change in company outlook. The filing is informational; it does not state Helmetag’s motivation.
• The reported holdings are primarily unexercised options per the footnote; if those options are exercised later, future filings may show exercises and/or subsequent sales.