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4//SEC Filing

Grondin Richard 4

Accession 0001493152-26-003012

CIK 0000891532other
View on SEC.govCompany Profile

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 9:26 AM ET

Size

15.9 KB

Accession

0001493152-26-003012

Research Summary

AI-generated summary of this filing

Updated

PESI EVP Richard Grondin Exercises Stock Options

What Happened

  • Richard Grondin, EVP of Hanford & International Waste Operations at Perma-Fix Environmental Services, exercised incentive stock options on January 20, 2026. He exercised two grants for a total of 11,000 underlying shares (5,000 shares at $7.005 and 6,000 shares at $3.95), with an aggregate exercise amount of $58,725.
  • Rather than pay cash, Grondin elected to have the company withhold shares to cover the exercise price/tax withholding. The company withheld 2,555 shares (from the 5,000 exercise) and 1,729 shares (from the 6,000 exercise) — 4,284 shares total — leaving a net increase of 6,716 shares credited to him.

Key Details

  • Transaction date: January 20, 2026; Form 4 filed January 21, 2026 (timely).
  • Exercise prices and values: 5,000 shares @ $7.005 = $35,025; 6,000 shares @ $3.95 = $23,700; total paid ≈ $58,725.
  • Fair market value used for withholding: $13.71 per share on Jan 20, 2026; withheld shares = 2,555 and 1,729 (total 4,284) to satisfy the aggregate exercise price.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: Options were incentive stock options granted under the 2017 Stock Option Plan (grants dated 10/14/2021 and 01/19/2023). Grants have six-year terms and vest over five years (1/5 per year).
  • Transaction codes: M = option exercise; F = payment of exercise price/tax liability via share withholding (cashless-style).

Context

  • This was an exercise of vested options, not an open-market sale. The withholding of shares to cover the exercise price is a common administrative (tax) action and should not be interpreted as an outright sale signal. The filing does not indicate any immediate open-market sale of exercised shares.

Insider Transaction Report

Form 4
Period: 2026-01-20
PERMA FIX ENVIRONMENTAL SERVICES INCPESI
Grondin Richard
EVP of Hanford & Int. Waste Op
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-01-20$7.00/sh+5,000$35,025→ 39,592 total
  • Tax Payment

    Common Stock

    [F1]
    2026-01-20$13.71/sh−2,555$35,029→ 37,037 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-01-20$3.95/sh+6,000$23,700→ 43,037 total
  • Tax Payment

    Common Stock

    [F2]
    2026-01-20$13.71/sh−1,729$23,705→ 41,308 total
  • Exercise/Conversion

    Stock Option

    [F1][F3]
    2026-01-20−5,000→ 5,000 total
    Exercise: $7.00Exp: 2027-10-14→ Common Stock (5,000 underlying)
  • Exercise/Conversion

    Stock Option

    [F2][F4]
    2026-01-20−6,000→ 12,000 total
    Exercise: $3.95Exp: 2029-01-19→ Common Stock (6,000 underlying)
Footnotes (4)
  • [F1]On January 20, 2026, the Reporting Person exercised the incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 5,000 shares of the Company's Common Stock at an exercise price of $7.005 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $35,025. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 2,555 shares of Common Stock ($35,025 divided by $13.71) to pay the aggregate exercise price of the option.
  • [F2]January 20, 2026,, the Reporting Person exercised the incentive stock option granted 1/19/2023 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 6,000 shares of the Company's Common Stock at an exercise price of $3.95 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $23,700. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 1,729 shares of Common Stock ($23,700 divided by $13.71) to pay the aggregate exercise price of the option.
  • [F3]Incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan for the purchase of up to 25,000 shares of the Company's Common Stock. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.
  • [F4]Incentive stock option granted 01/19/2023 under the Company's 2017 Stock Option Plan for the purchase of up to 30,000 shares of the Company's Common Stock.The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.
Signature
/s/ Richard Grondin|2026-01-21

Documents

1 file

Issuer

PERMA FIX ENVIRONMENTAL SERVICES INC

CIK 0000891532

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Entity typeother

Related Parties

1
  • filerCIK 0001819004

Filing Metadata

Form type
4
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 9:26 AM ET
Size
15.9 KB
View on SEC.gov