Heary Paul Murray 4
Research Summary
AI-generated summary
Taylor Devices (TAYD) CFO Heary Murray Receives 7,000-Share Award
What Happened
Heary Paul Murray, Chief Financial Officer of Taylor Devices, reported an award/acquisition (Form 4 code A) of 7,000 shares as a derivative security on 2026-04-18. The filing shows a per-share price of $0.00 and lists the transaction as "Disposed" with $0 in proceeds. This was not an open-market purchase or sale; it is reported as a non-cash award of a derivative instrument.
Key Details
- Transaction date: 2026-04-18; Form 4 filed: 2026-04-20 (timely filing).
- Reported transaction: 7,000 derivative shares, price reported $0.00, proceeds $0.
- Shares owned after transaction: not disclosed in the provided filing.
- Transaction code: A (award/grant/acquisition); filing also labels the items as "Disposed."
- No 10b5-1 plan, tax-withholding, or other footnotes provided in the summary data supplied.
Context
Derivative-item reports cover awards such as restricted stock units, phantom shares, or other equity-linked instruments rather than open-market purchases or straightforward sales. The filing here documents an equity award/acquisition with no cash exchanged per the report; the Form 4 does not provide further detail about conversion, vesting, or subsequent disposition. As always, awards are compensation events and do not by themselves indicate insider sentiment about the stock.