Feehan Loretta J. 4
Research Summary
AI-generated summary
CompX (CIX) Director Loretta Feehan Receives 1,700-Share Award
What Happened
Loretta J. Feehan, a director of CompX International Inc. (CIX), was granted 1,700 shares on May 20, 2026. The grant is reported at an acquisition price of $23.44 per share, for a total value of $39,848. This was an award (A) — shares issued as director compensation, not a market purchase or sale.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-21) — filing appears timely.
- Price per share: $23.44; Total value: $39,848.
- Shares acquired: 1,700 (code A — award/grant).
- Shares owned after transaction: not specified in the provided summary filing.
- Footnote: F1 — shares issued for no cash consideration to directors under the CompX International Inc. 2012 Director Stock Plan.
- No indication of sale, option exercise, or tax-withholding in this transaction.
Context
Director share awards are common as part of board compensation and represent non-cash remuneration rather than an open-market buy indicating personal bullishness. For retail investors, such routine awards signal standard governance compensation practices but do not, by themselves, imply a change in management’s view of the company's near-term prospects.