Koss Michael J Jr 4

What Happened
Michael J. Koss Jr., Executive Vice President of Koss Corp (KOSS), received a grant of 100,000 derivative securities reported as a stock-option award on May 6, 2026. The filing reports an acquisition price of $0.00 for the award (transaction code A). No shares were sold or purchased — this is a compensation grant of options rather than an open-market trade.

Key Details

• Transaction date: May 6, 2026; Form 4 filed May 8, 2026 (filed timely, within the standard two-business-day window).
• Award: 100,000 stock options (derivative); reported price $0.00.
• Vesting: Options vest in four equal annual installments beginning May 6, 2027 (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction code: A = Award/Grant (derivative).
• No indication of immediate exercise or sale; no cash paid at grant per the reported $0.00 acquisition price.

Context
This was a compensation grant (options) to an executive. Because the award vests over future years, no shares were delivered immediately and there was no immediate cash outlay. Such grants are commonly part of executive compensation and should be viewed as different from open-market purchases or sales — they do not necessarily signal current insider buying or selling intent.