May 10, 2024 · Form 4 insider transaction
Wax Evan H bought 1,996 shares of SVT at $12.53 per share, a transaction worth $25.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Grant of restricted stock as the annual stock retainer under the Servotronics, Inc. Non-Employee Director Compensation Program and the Company's 2022 Equity Incentive Plan. These shares of restricted stock will vest one-fourth on each of the regularly scheduled quarterly board meetings to review the financial statements for the quarters ending June 30, September 30 and December 31, 2024 and the remainder of which shall vest on the date of the 2025 annual meeting.