LEVINE GARY W 4
4 · CSP INC /MA/ · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
CSP Inc (CSPI) CEO Gary Levine Receives 8,500-Share Award
What Happened
Gary W. Levine, CEO and Secretary of CSP Inc (ticker: CSPI), received a grant/award of 8,500 shares on March 27, 2026. The Form 4 reports transaction code "A" (award/grant) with an acquisition price of $0.00 per share (total reported cash value $0), indicating these shares were granted as compensation rather than bought on the open market.
Key Details
- Transaction date: 2026-03-27; Form 4 filing date: 2026-04-01.
- Transaction type/code: Award/Grant (Code A).
- Shares acquired: 8,500; Price per share: $0.00; Reported cash value: $0.
- Shares owned after transaction: Not specified in the information provided.
- Footnotes/notations: No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied data.
- Timeliness: The filing was dated five days after the transaction. Form 4s are typically due within two business days, so this filing appears later than the usual reporting window; consult the full filing for any explanation.
Context
Stock awards to executives are commonly part of compensation and retention programs and do not necessarily signal a market buy or sell decision. Such awards may be subject to vesting or other restrictions (details, if any, would be in the full Form 4 or related filings). Retail investors tracking insider activity should treat compensation awards differently from open-market purchases and review the complete SEC filing and company disclosures for vesting terms and total insider ownership.
Insider Transaction Report
- Award
Common Stock
2026-03-27+8,500→ 216,360 total