Rivest Dean W. 4
4 · Omega Flex, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Omega Flex (OFLX) CEO Dean Rivest Buys 1,000 Shares
What Happened
Dean W. Rivest, CEO of Omega Flex, purchased 1,000 shares of company stock in an open-market transaction on March 11, 2026, at $29.50 per share for a total of $29,500. This was a purchase (transaction code P), which is a direct buy of shares rather than a sale or option exercise.
Key Details
- Transaction date and price: 2026-03-11, 1,000 shares @ $29.50 each.
- Total value: $29,500.
- Transaction type: Purchase (P) — open market or private purchase.
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote (F1): Indicates an equivalent share balance held in the issuer’s 401(k) company stock fund based on the 12/31/2025 statement.
- Filing timeliness: Report filed 2026-03-13 for a 2026-03-11 transaction; no late filing flag provided (appears timely within the usual 2-business-day window).
Context
This was a straightforward open-market purchase by the CEO. Purchases can be interpreted as a routine insider buy rather than a sale-driven liquidity move; the filing provides no additional indication of a 10b5-1 plan, option exercise, or gift. The 401(k) footnote simply notes an equivalent balance in the company stock fund as of year-end 2025.
Insider Transaction Report
- Purchase
Common Stock
2026-03-11$29.50/sh+1,000$29,500→ 1,000 total
- 2,487(indirect: By 401(k))
Common Stock
[F1]
Footnotes (1)
- [F1]Equivalent share balance held in company stock fund in Issuer's 401(k) plan, based on statement on 12/31/2025.