ACME United (ACU) Director Holden Richmond Exercises Options

What Happened
Holden Richmond Y. Jr., a director of ACME United Corp. (ACU), exercised stock options on 2026-07-24. He exercised options to acquire 1,500 shares at $21.20 (value $31,800) and 1,900 shares at $21.75 (value $41,325), for a total exercise cost of $73,125. To cover tax withholding, 606 shares and 788 shares were surrendered (disposed) at $52.45 (proceeds $31,785 and $41,331). The exercises were completed on a net share settlement (cashless) basis; after withholding, Richmond received a net ~2,006 shares (3,400 acquired minus 1,394 withheld), worth roughly $105k at the reported $52.45 market price. This was an option exercise (not a market buy), with shares withheld for taxes (routine).

Key Details

• Transaction date: 2026-07-24
• Option exercises: 1,500 shares @ $21.20 ($31,800) and 1,900 shares @ $21.75 ($41,325) — total exercise cost $73,125. (SEC code M)
• Tax withholding sales: 606 shares @ $52.45 ($31,785) and 788 shares @ $52.45 ($41,331) — total withheld 1,394 shares. (SEC code F)
• Net new shares received: 3,400 exercised − 1,394 withheld = ~2,006 shares (approx. $105k at $52.45).
• Footnotes: F1/F2 indicate the exercises were effected on a net share settlement (cashless/net withholding) basis.
• Filing timeliness: Report filed with accession dated 2026-07-24 (same day as transaction), indicating a timely Form 4 filing per the filing date shown.
• Shares owned after transaction: Not specified in the provided transaction summary.

Context

• This was an option exercise (M) with shares withheld to satisfy tax obligations (F). Net-share settlement is common for option exercises and is generally a routine, administrative step rather than an open-market sale or a fresh cash purchase.
• For retail investors, option exercises increase the director's beneficial holdings (after withholding), but withheld shares are not a cash sale by the insider reflecting a change in market sentiment.