Mackey Brian T 4

What Happened

• Brian T. Mackey, CEO of CPS Technologies Corp. (CPSH), received four grants of derivative securities on May 21, 2026. Each grant covered 2,500 shares at a reported $4.67 per share (acquired value $11,675 each), for a total of 10,000 derivative shares and an aggregate reported value of about $46,700.
• This was an award/grant (transaction code A) — a compensation-style grant of derivative securities rather than an open-market purchase of common stock.

Key Details

• Transaction date: 2026-05-21; Filing date: 2026-05-26 (the Form 4 was filed after the 2-business-day reporting window and therefore appears late).
• Grants: 4 × 2,500 derivative shares; price per share reported: $4.67; total reported value ≈ $46,700.
• Security type: Derivative/award (code A). The filing lists these as acquired derivative securities rather than immediate common-stock purchases.
• Shares owned after transaction: not stated in the provided filing details.
• No footnotes or 10b5-1/tax-withholding notes were included in the information provided.

Context

• Awards of derivative securities are commonly used for executive compensation (e.g., restricted stock units or option grants). They typically vest over time or require future action (exercise/vesting) before becoming tradable common shares, so they are not the same as an immediate open-market purchase.
• Because the Form 4 was filed late, the market received this information later than required, which can reduce timeliness for investors tracking insider activity.