Rivest Dean W. 4/A

What Happened

• Dean W. Rivest, CEO of Omega Flex, received a grant of 2,461 phantom stock units (reported as a derivative award) on 2026-02-18. The reported acquisition price is $0.00 (no cash paid). The filing is an amendment that updates timing terms for these units.

Key Details

• Transaction date: 2026-02-18; Report filed (amended): 2026-02-19 (amended filing).
• Amount granted: 2,461 phantom stock units; reported acquisition price: $0.00.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: F1 — each phantom unit equals the economic equivalent of one common share; F2/F3 — amendment changed Date Exercisable and Expiration Date from 02/18/2026 to 02/18/2030.
• Filing status: This is an amended Form 4 to correct/change exercisable and expiration dates; the amendment does not indicate a late reporting penalty.

Context

• Phantom stock units are a derivative/compensation award that track the economic value of common shares but do not represent immediate stock ownership or open-market purchases. Their ultimate value depends on future stock performance and any plan payout terms (cash or stock).
• Grants like this are common executive compensation and should not be read alone as a bullish or bearish signal; they differ from market purchases or sales, which more directly indicate an insider’s trading sentiment.