Unger Matthew Francis 4

What Happened

• Matthew Francis Unger, Vice President and Chief Financial Officer of Omega Flex, converted/settled 395 phantom stock units (derivative exercise, code M) and disposed of 395 shares to the issuer (code D) on 2026-02-22. The disposition to the issuer was recorded at $37.55 per share, yielding $14,832 in cash. The phantom units are cash-settled one-for-one, so this was a cash settlement rather than an open-market sale of common stock.

Key Details

• Transaction date: 2026-02-22; filing date: 2026-02-23.
• Actions reported: M (exercise/conversion of derivative — phantom stock units) and D (disposition to issuer).
• Quantity: 395 units/shares; disposal price: $37.55; total proceeds: $14,832.
• Footnote: Each phantom stock unit equals the economic equivalent of one share and is settled for cash on a one-for-one basis (F1).
• Shares owned after transaction: Not disclosed in this Form 4.
• Filing timeliness: Filed the day after the transaction (no late filing flag reported).

Context

• This was a cash settlement of phantom stock units, not a market sale of existing shares. Such settlements are often routine compensation events (tax withholding or payout of deferred awards) and do not necessarily indicate a change in the insider’s view of the company.