Young Jeremiah Ray 4

What Happened
Jeremiah Ray Young, President, CEO and a director of SCI Engineered Materials, received an award/other acquisition of 4,584 shares on February 20, 2026. The per-share value reported was $5.25, for a total value of $24,066. This transaction is an award/acquisition (transaction code A), i.e., company-granted equity rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-20; Report filed: 2026-02-23 (timely; filing was within the Form 4 two-business-day window).
• Shares acquired: 4,584 at $5.25 per share; total value $24,066.
• Transaction type/code: A (award/grant/other acquisition).
• Shares owned after the transaction: not specified in the Form 4 (not disclosed in the filing).
• No additional footnotes (e.g., 10b5-1 plan, tax withholding, or immediate sale) were indicated in the reported transaction.

Context
Grants to executives are typically part of compensation or long-term incentive plans and do not reflect an open-market purchase. Such awards can align executive and shareholder interests but shouldn’t be interpreted alone as a buy/sell signal. This filing simply reports the receipt of company stock by the CEO.