4/AAccepted Oct 6, 4:15 PM ET
Precision Optics Corp: CFO Coll Wayne M received 1,412 shares
Accepted (ET)
4:15 PM
Oct 6, 2026
Filed
Oct 6, 2026
Documents
1
Size
6.0 KB
Summary
Precision Optics Corp: CFO Coll Wayne M received 1,412 shares
What happened Coll Wayne M, the chief financial officer, received 1,412 shares as an award/acquisition at $4.43 per share on Sep 30, 2026, for $6,251. The filing is an amendment filed Oct 6, 2026 to correct a clerical error in the earlier Form 4 filed Oct 2, 2026.
Key details
- Transaction date and price: Sep 30, 2026, at $4.43 per share (transaction code A: award/grant/acquisition).
- Shares acquired and value: 1,412 shares for $6,251.
- Shares owned after the transaction: not reported in this filing.
- Footnote: under an employment agreement dated Jun 12, 2023, the issuer may substitute up to $25,000 per annum in common stock in lieu of cash; the issuer elected this effective Jan 1, 2024. Stock for this award was priced at the quarterly volume weighted average price of $4.427 for the quarter ended Sep 30, 2026. Share purchases are based on payroll withholdings for the relevant quarters.
- Filing status: amended Form 4 filed Oct 6, 2026 to correct the number of shares; original Form 4 was filed Oct 2, 2026. No late filing is indicated in this amendment.
Why it may matter
- This was an award/acquisition under the insider's employment agreement, not an option exercise or a gift.
- The transaction was effected via payroll/compensation substitution rather than a market purchase or sale.
A filing does not show why the insider traded or why the company acted.