POCI CFO Wayne M. Coll Receives 1,568-Share Award

What Happened

• Wayne M. Coll, Chief Financial Officer of Precision Optics Corporation (POCI), was issued 1,568 shares on a grant/acquisition (code A) dated March 31, 2026. The shares were priced at the quarterly VWAP of $3.985 (rounded $3.98) and equal about $6,248 in value. This was stock issued in lieu of cash compensation under his employment agreement, not an open-market buy.

Key Details

• Transaction date: March 31, 2026 (shares dated Mar 31; issuance occurred April 2, 2026)
• Price per share: $3.985 (reported/rounded as $3.98); total value ≈ $6,248
• Transaction type: Award/acquisition (A) — company substituted stock for cash compensation
• Footnote: Employment agreement (effective election Jan 1, 2024) allows up to $25,000/yr in common stock instead of cash; stock purchases are based on payroll withholdings
• Shares owned after transaction: Not reported in the filing
• Filing timeliness: Report filed April 2, 2026 — appears timely (Form 4 deadline met)

Context

• This was a compensation issuance (stock in lieu of salary), so it reflects contractual pay practices rather than a discretionary insider purchase or sale. Such awards are routine for payroll/compensation purposes and should not be interpreted as a direct market signal about the officer’s view of the company.