4Filed Aug 12, 8:00 PM ET

Precision Optics (POCI) CFO Wayne Coll Receives 1,257 Shares

$POCI · PRECISION OPTICS CORPORATION, INC.

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Precision Optics (POCI) CFO Wayne Coll Receives 1,257 Shares

What Happened
Wayne M. Coll, Chief Financial Officer of Precision Optics Corporation (POCI), acquired 1,257 shares on June 30, 2026 at a price of $4.97 per share, for an aggregate value of $6,250. The transaction is reported as an award/grant (Form 4 code A) — essentially stock issued in lieu of cash compensation rather than an open-market purchase.

Key Details

  • Transaction date: June 30, 2026; reported on Form 4 filed August 13, 2026 (appears to be a late filing).
  • Price: $4.972 (quarterly VWAP used to price the shares; reported as $4.97 per share)
  • Shares acquired: 1,257; total value ≈ $6,250.
  • Shares were dated June 30, 2026 but were issued on August 12, 2026.
  • Shares owned after the transaction: not specified in the filing.
  • Footnote: Under an Employment Agreement dated June 12, 2023, the company may substitute up to $25,000 per year in common stock for cash compensation; Precision Optics elected this provision effective Jan 1, 2024. Stock amounts are based on payroll withholdings for the relevant quarters.
  • Filing timeliness: The Form 4 was filed well after the transaction date (late), which investors may note for disclosure practices.

Context
This was a routine compensation-related stock issuance (stock-in-lieu of cash) rather than an open-market purchase or sale. Such awards reflect payroll/compensation mechanics (priced using the quarter’s VWAP) and do not necessarily signal insider market timing or sentiment. Transaction code A indicates an award/grant type acquisition.