Moran Edwin B. 4

What Happened

• Edwin B. Moran, President and Director of Omega Flex, reported converting/exercising 494 derivative units and a corresponding disposition to the issuer for 494 shares. The disposition was recorded at $37.55 per share, for total cash proceeds of $18,550. The filing shows the conversion/exercise of phantom/derivative units (transaction code M) and the cash settlement/disposition to the issuer (transaction code D) on Feb 22, 2026. This is a cash settlement of compensation-like units rather than an open-market sale.

Key Details

• Transaction date: 2026-02-22
• Disposition: 494 shares at $37.55 per share; proceeds = $18,550
• Derivative activity: two entries for exercise/conversion of 494 units (code M) tied to the same 494-share cash settlement (code D)
• Shares owned after transaction: not specified in this Form 4 (filing does not list post-transaction beneficial ownership)
• Footnotes: F1 — units are phantom stock settled for cash one-for-one; F2 — equivalent share balance held in company 401(k) stock fund per 12/31/2025 statement
• Timeliness: Form 4 was filed 2026-02-23 for a 2026-02-22 transaction (appears to be filed timely)

Context

• These entries reflect conversion/settlement of phantom stock units (cash-settled) rather than an open-market sale of shares. Cash settlements tied to compensation plans are common and do not necessarily indicate the insider's view about the company's stock price. The reported cash amount is modest (~$18.6k).