Fraser Christopher Stuart 4

What Happened
Fraser Christopher Stuart, CFO of CPS Technologies (CPSH), acquired a total of 60,000 derivative shares on 2026-05-19: one award/grant of 15,000 shares and three open-market/private purchases of 15,000 shares each. Each tranche was at $4.30 per share, with each 15,000-share lot valued at $64,500 and the combined value about $258,000. These are acquisitions (purchases/award), which are generally viewed as more bullish than sales.

Key Details

• Transaction date: 2026-05-19. Price: $4.30 per share for all four transactions.
• Breakdown: 1 x Award (A) of 15,000 shares ($64,500) and 3 x Purchases (P) of 15,000 shares each (3 × $64,500).
• Total acquired: 60,000 derivative shares; total value ≈ $258,000.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Instrument type: Listed as "derivative" on the Form 4 — likely reflects exercise/settlement of equity awards or similar, but the specific instrument is not detailed here.
• Filing timeliness: Form filed 2026-05-26 for transactions dated 2026-05-19 (filed 7 days after the trades), which appears late relative to the typical two-business-day Form 4 deadline.

Context
Because these are derivative acquisitions, they may represent exercises or settlements of equity awards rather than simple open-market buys of common stock; the filing excerpt doesn’t specify. Purchases and awards by a company CFO can be interpreted by investors as a positive signal, but they are not proof of future performance. The apparent late filing is primarily an administrative note — late Form 4s can occur for various reasons but are worth noting for compliance and transparency.