Bishop Walter A. 4

What Happened
Walter A. Bishop, a director of Syntec Optics Holdings, Inc. (OPTX), was granted 24,646 restricted stock units (RSUs) on 2026-02-20. Each RSU represents a contingent right to one Class A common share at $4.06, implying an approximate economic value of $100,063 for the award. The RSUs are fully vested and the underlying shares were provided to the transfer agent but remain subject to company transfer restrictions and its trading policy. This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (appears timely).
• Transaction type: Grant/Award of derivative securities (RSUs). Acquisition price: N/A; imputed value: 24,646 × $4.06 ≈ $100,063.
• Shares owned after transaction (per filing): 25,000 direct shares and 101,966 RSUs.
• Footnotes: RSUs are fully vested and represent contingent rights to receive Class A shares at $4.06; shares were provided to the transfer agent and are subject to transfer/trading restrictions.
• No indication this was a sale, gift, or 10b5‑1 plan; it's a compensation/award grant.

Context

• RSU grants are compensation-related awards and do not necessarily signal an open-market buy or sell decision by the insider. Because these RSUs are fully vested and delivered to the transfer agent, they may convert into restricted shares subject to the company’s transfer policies.
• For retail investors, awards increase the insider’s potential stake but do not directly change market liquidity like purchases or sales.