4Filed Jul 22, 8:00 PM ET
PESI Director Thomas Bostick Receives Stock Option Award
$PESI · PERMA FIX ENVIRONMENTAL SERVICES INCResearch Summary
AI-generated summary of this SEC filing
PESI Director Thomas Bostick Receives Stock Option Award
What Happened
- Thomas Bostick, a director of PERMA FIX ENVIRONMENTAL SERVICES INC (PESI), was granted 10,000 non‑qualified stock options on 2026-07-22. The Form 4 reports the grant as a derivative award (code A) with a reported price of $0.00 — this reflects award reporting on the form, not an exercise price or cash purchase.
Key Details
- Transaction date: 2026-07-22; filing date: 2026-07-23 (timely).
- Security: 10,000 non‑qualified stock options reported as an award (derivative).
- Form shows price column as $0.00 for the grant (common for option award reporting; does not indicate the option exercise price).
- Vesting: options vest in four equal annual installments of 25% each, beginning on the first anniversary of the grant (per footnote).
- Plan: Issued under the Company’s 2003 Outside Directors Stock Plan.
- Shares owned after transaction: not specified in the provided filing.
Context
- This is an option grant to a director, not an open‑market purchase or sale. Options give the holder the right to buy shares in the future if exercised and subject to the stated vesting schedule; they do not represent immediate ownership of common stock.
- Such director awards are common as compensation and do not by themselves indicate an immediate buy or sell intent.