BENNETT GRANT C 4
4 · CPS TECHNOLOGIES CORP/DE/ · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
CPS Technologies (CPSH) Director Grant C. Bennett Receives 7,500-Share Award
What Happened Grant C. Bennett, a director of CPS Technologies Corp. (CPSH), was granted 7,500 shares as an award on May 21, 2026. The filing records the acquisition as a derivative award (transaction code A) at a reported value of $4.67 per share, for a total reported value of $35,025. This is an acquisition (an award) rather than a sale.
Key Details
- Transaction date and price: May 21, 2026; 7,500 shares at $4.67 per share (total $35,025).
- Security type: Derivative award (Form 4 shows code A = award/grant).
- Shares owned after transaction: Not specified in the filing.
- Filing date and timeliness: Form 4 filed May 26, 2026 — filed five days after the transaction date; this appears untimely relative to the typical two-business-day Form 4 reporting requirement.
- Footnotes/plan disclosures: The filing did not disclose additional footnotes (e.g., 10b5-1 plan or tax-withholding details).
Context An "A" (award/grant) classification generally indicates equity granted to the insider (for example, restricted stock units or similar), which increases the insider's economic exposure to the company. Awards often vest over time according to company plans; check the company’s proxy or Form 8-K for vesting and restriction details if you want to know when the shares become tradable. The filing itself does not state motivations for the award.
Insider Transaction Report
- Award
Common Stock Option
2026-05-21$4.67/sh+7,500$35,025→ 55,100 totalExercise: $4.67From: 2026-05-21Exp: 2036-05-21→ Common Stock (7,500 underlying)