Mackey Brian T 4

What Happened

• Brian T. Mackey, CEO of CPS Technologies (CPSH), exercised stock options (transaction code M) to acquire 10,000 shares on 2026-06-24.
• Exercise price was $2.93 per share, for a total cash payment of $29,300. The Form 4 was filed on 2026-06-26.

Key Details

• Transaction date: 2026-06-24; Filing date: 2026-06-26 (timely filing).
• Shares acquired: 10,000; Price paid: $2.93 per share; Total cost: $29,300.
• Transaction code: M (exercise or conversion of derivative).
• No sale reported — shares were acquired rather than sold (not a cashless exercise shown).
• Shares owned after the transaction: not specified in the provided filing.
• No footnotes (e.g., 10b5-1 plan or tax-withholding disposition) were reported in the data provided.

Context

• An "M" entry means options or other derivatives were converted into common shares. This is an acquisition of stock by the insider rather than a disposition.
• Purchases/exercises can be interpreted by some investors as a vote of confidence, but filings only report the transaction — they do not state the insider’s motive.