Lewandowski Jason 4

What Happened
Jason Lewandowski, Chief Operating Officer of TAT Technologies Ltd. (TATT), exercised 3,125 fully vested stock options at an exercise price of $6.59 per share on May 26, 2026 (cost $20,594) and simultaneously sold those 3,125 shares in an open‑market transaction at $39.22 per share (gross proceeds $122,563). The transaction was a same‑day exercise‑and‑sale (cashless exercise); the reporting person did not retain any shares. Net proceeds to the reporting person (before taxes and commissions) were reported at approximately $101,966.

Key Details

• Transaction date: May 26, 2026.
• Exercise: 3,125 options exercised at $6.59 per share (Transaction code M). Total exercise cost reported $20,594.
• Sale: 3,125 shares sold at $39.22 per share (Transaction code S). Gross sale proceeds reported $122,563.
• Net proceeds (before taxes/commissions): ~ $101,966 (the spread between sale price and exercise price).
• Shares retained after transaction: The reporting person did not retain any shares from this exercise/sale; he holds 9,375 unvested options remaining.
• Vesting schedule for remaining options (per filing): 3,125 options vest on each of June 1, 2026; Sept. 1, 2026; and Dec. 1, 2026, subject to continued employment.
• Filing timeliness: Reported May 28, 2026 for a May 26, 2026 transaction (appears timely).

Context

• This was a cashless same‑day exercise and sale: Lewandowski exercised options and immediately sold the resulting shares rather than holding them. Such transactions are commonly used to capture the value of vested options and are not necessarily a directional signal about the insider’s long‑term view.
• For retail investors, purchases by insiders can be more informative than routine option exercises and sales. This filing documents an option monetization event rather than an accumulation of shares.