Mackey Brian T 4

What Happened
Brian T. Mackey, CEO of CPS Technologies Corp. (CPSH), exercised stock options (derivative transaction code M) on May 28, 2026, converting options into 10,181 common shares at an exercise price of $1.96 per share. The total cash paid for the exercise was approximately $19,955. The Form 4 shows the shares were acquired; no concurrent sale of those shares is reported in the filing.

Key Details

• Transaction date: May 28, 2026
• Exercise price: $1.96 per share
• Shares acquired: 10,181
• Total cost: ~$19,955
• Transaction code: M (exercise or conversion of derivative)
• Filing date / accession: Form filed June 2, 2026 (accession 0002134546-26-000007) — no late-filing flag shown in the provided data
• Shares owned after transaction: not specified in the provided excerpt
• Footnotes/tax withholding: none reported in the provided data

Context
An "M" transaction means the insider exercised option rights to acquire shares. Because the filing does not show an immediate sale (no sale transaction code reported), it appears the shares were retained rather than cashed out. The dollar amount here is modest (~$20k), so while insider acquisitions can be a bullish signal, this single small exercise should be weighed with broader insider activity and company fundamentals.