HUGHES FRANCIS J JR 4

What Happened

• Francis J. Hughes Jr., a director of CPS Technologies Corp. (CPSH), received a grant/award of 7,500 shares (reported as a derivative security) on May 21, 2026. The filing lists an acquisition price of $4.67 per share, for a total reported value of $35,025. This was an acquisition/award rather than a sale — acquisitions are often more informative to investors than routine insider sales.

Key Details

• Transaction date and price: 2026-05-21 at $4.67 per share (7,500 shares; $35,025 total).
• Shares owned after transaction: not specified in the filing.
• Type: Reported as a derivative award/grant (Form 4 code A).
• Footnotes/notable conditions: none disclosed in the summary information provided.
• Filing timeliness: Transaction reported on Form 4 filed 2026-05-26 for a 2026-05-21 transaction — this appears to be one business day late (Form 4 is normally due within 2 business days).

Context

• “Derivative” in this filing generally means the shares were issued under an award or similar plan (e.g., restricted stock, RSUs, or other equity awards); the filing does not specify the exact award vehicle or whether shares are subject to vesting.
• Because this is an award/acquisition rather than a sale, it can be viewed as an insider receiving equity rather than liquidating it; however, filings do not state the insider’s motivation.