Omega Flex (OFLX) CFO Matthew Unger Receives Phantom Stock Award

What Happened

• Matthew Francis Unger, Vice President and Chief Financial Officer of Omega Flex, received a grant of 1,641 phantom stock units on 2026-02-18. The grant is reported as an award/other acquisition (code A) at $0.00 per unit (derivative security). Each phantom unit is the economic equivalent of one share of the company’s common stock (per footnote).

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-19 (timely).
• Units granted: 1,641 phantom stock units; reported price: $0.00 per unit (total $0 recorded on Form 4).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Each phantom stock unit equals the economic equivalent of one share of common stock.
• Filing status: No late filing indicated.

Context

• Phantom stock units are derivative awards that typically track the economic value of the company’s common stock but are not the same as immediately issued shares; they may vest or pay out under the company’s plan terms. This was an award/compensation grant, not an open-market purchase or sale, so it signals executive compensation rather than a direct buy or sell decision.