March 25, 2024 · Form 4 insider transaction
Suzuki John M bought 4,159 shares of BKTI at $10.00 per share, a transaction worth $41.6K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Pursuant to the Issuer's executive salary swap program, Mr. Suzuki swapped $41,590 of his base salary (on a post-tax basis) in exchange for restricted share units (RSUs), with each RSU representing a contingent right to receive one share of the Issuer's Common Stock, par value $0.60 per share, at a rate of $10.00 per RSU, rounded down to the nearest whole RSU. Such RSUs were fully vested and settled at the time of grant.