CPS Technologies Director Ivo Cavoli Exercises 37,500 Options

What Happened

• Ivo Cavoli, a director of CPS Technologies Corp. (CPSH), exercised options to acquire 37,500 common shares on July 15, 2026. The exercise price was $2.20 per share, for a total cost/value of $82,500. This filing shows acquisition via option exercise (a purchase of shares through conversion of a derivative), not a sale.

Key Details

• Transaction date and price: July 15, 2026 — 37,500 shares @ $2.20 each (total $82,500).
• Transaction code: M (exercise or conversion of derivative securities).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Any footnotes / special items: Filing shows acquisition only; no simultaneous sale (cashless exercise) or tax withholding reported in the excerpt.
• Filing timeliness: Report filed July 17, 2026 for a July 15 transaction — appears to have been filed within the standard reporting window.

Context

• An "M" transaction means the insider exercised stock options or converted another derivative to obtain common shares. This is different from buying shares on the open market; the insider paid the option exercise price to receive the shares.
• Exercise transactions can reflect option vesting or the holder choosing to convert derivatives to equity; they are factual disclosures and do not by themselves indicate the insider’s broader market view.