NORWOOD RALPH M 4

What Happened Ralph M. Norwood, a director of CPS Technologies Corp. (CPSH), received an award of 7,500 shares classified as a derivative security on May 21, 2026. The award is reported at $4.67 per share for a total reported value of $35,025. This was an acquisition/award (not a sale).

Key Details

• Transaction date: 2026-05-21; Report filed: 2026-05-26 (appears to be filed late; Form 4 is generally due within two business days).
• Price reported: $4.67 per share; total value reported: $35,025.
• Security type: Award / derivative (code A); the filing lists the shares as derivative securities (e.g., RSUs or similar) rather than an open-market purchase.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing accession: 0001775557-26-000007.
• No 10b5-1 plan, tax withholding, or cashless-sale details are disclosed in the excerpt.

Context Awards to directors are a common form of compensation and differ from outright market purchases; they may vest over time or convert into common shares later. Because this was an award (derivative-class security) rather than an immediate open-market purchase, it’s a compensation event rather than a clear buy signal. The late filing reduces short-term transparency but does not, by itself, indicate misconduct.