|4Feb 23, 11:50 AM ET

Manzone Albert 4

Research Summary

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Syntec Optics (OPTX) Director Albert Manzone Receives RSU Award

What Happened

  • Albert Manzone, a director of Syntec Optics Holdings, Inc. (OPTX), was granted/received 24,646 restricted stock units (RSUs) on Feb 20, 2026. The filing reports these as a derivative acquisition (award/grant).
  • Footnote states each RSU represents a contingent right to receive one Class A common share at $4.06; using that figure the award is roughly $100k in notional value. The RSUs are fully vested and the underlying shares were provided to the transfer agent but remain subject to company transfer/trading restrictions.

Key Details

  • Transaction date: 2026-02-20; Form 4 filed: 2026-02-23.
  • Transaction type: A = Award/Grant (derivative RSUs).
  • Shares/units involved: 24,646 RSUs acquired (derivative).
  • Shares owned after transaction (per filing): 25,000 direct shares and 101,966 RSUs (total ownership disclosed in footnote).
  • Footnotes: F1 — RSUs equal one share each at $4.06, fully vested, shares provided to transfer agent and subject to transfer/trading policy. F2 — total holdings noted above.
  • No sale or open‑market purchase occurred; this is a compensation/award event, not a liquidity transaction.

Context

  • RSU awards are compensation and do not necessarily signal a buy/sell decision by the insider; because these RSUs are fully vested and transferred to the agent, they represent real underlying share rights subject to company restrictions.
  • For retail investors, awards increase insider exposure but are common for directors and employees; treat them as informational rather than an explicit bullish or bearish trade signal.