Omega Flex, Inc.·4

Feb 19, 10:28 AM ET

Rivest Dean W. 4

Research Summary

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Omega Flex CEO Dean W. Rivest Receives Phantom Stock Award

What Happened

  • Dean W. Rivest, CEO of Omega Flex, received a grant of 2,461 phantom stock units on February 18, 2026. The units were reported as acquired at $0.00 per unit (no cash paid); the filing treats these as derivative awards rather than open-market purchases.

Key Details

  • Transaction date: 2026-02-18; filing date: 2026-02-19 (timely filing).
  • Instrument: Phantom stock units (derivative award) — 2,461 units.
  • Price/value reported: $0.00 per unit (award/grant, not a purchase); total reported cash paid = $0.
  • Shares owned after the transaction: Not specified in the excerpted transaction details.
  • Footnote: F1 — each phantom stock unit is the economic equivalent of one share of the issuer’s common stock.

Context

  • Phantom stock units are a form of equity-linked compensation that typically mirror the economic value of common shares but may settle in cash or stock and often carry vesting conditions (vesting details not provided here). This filing records a compensation award to the CEO rather than a market buy or sale and does not, by itself, indicate trading intent.