Burgess John 4

What Happened

• John Burgess, a director of Taylor Devices, Inc. (TAYD), is reported to have been granted 7,000 derivative shares on April 18, 2026. The Form 4 lists the transaction as an award/acquisition (code A) with a $0.00 price and shows the derivative as "Disposed" on the filing. This was an award of derivative securities—not an open-market purchase or sale—and no cash proceeds are reported.

Key Details

• Transaction date: 2026-04-18
• Filing date: 2026-04-20 (filed two days after the transaction; appears to be within the Form 4 reporting window)
• Security: derivative award for 7,000 shares
• Reported price/proceeds: $0.00 (no cash paid or received reported)
• Shares owned after transaction: not specified in the provided filing
• Transaction code: A (grant/award/acquisition); filing marks the derivative as "Disposed"
• No footnotes, 10b5-1 plan, tax-withholding details, or late-filing flag were provided in the supplied data

Context

• Derivative awards commonly represent rights to receive or vesting of stock units (e.g., RSUs or similar) and are a routine form of compensation for officers and directors; they differ from purchases or sales and do not, by themselves, indicate buying/selling sentiment. Because the filing shows $0 value and marks the derivative as disposed, retail investors should note this is an award/administrative entry rather than a market transaction.