4Filed Aug 3, 8:00 PM ET
Frequency Electronics CFO Steven Bernstein Shares Withheld for Taxes
$FEIM · FREQUENCY ELECTRONICS INCResearch Summary
AI-generated summary of this SEC filing
Frequency Electronics CFO Steven Bernstein Shares Withheld for Taxes
What Happened
- Steven L. Bernstein, CFO of Frequency Electronics (FEIM), had 9,022 shares withheld by the company to satisfy tax obligations on previously vested equity awards. The shares are reported at $57.97 each for a total value of $523,005 (transaction date 2026-07-31). This is an administrative tax-withholding disposition, not an open-market sale.
Key Details
- Transaction date and price: 7/31/2026 — 9,022 shares at $57.97 each, total $523,005.
- Transaction type/code: Tax withholding to cover tax liability on vested awards (footnote F1).
- Shares owned after transaction: Beneficial ownership is referenced in footnote F2 as of 08/04/2026; the total post-transaction share count was not provided in the data shown here.
- Filing/accession: Report accessioned 08/04/2026 (no late-filing flag indicated in the provided summary).
Context
- This was a routine cashless-style tax withholding (company withheld shares to pay taxes on vesting), which reduces the insider’s outstanding shares but is a common administrative action and does not by itself indicate the insider’s view of the company.