COLL WAYNE M bought POCI
March 31, 2026 · Form 4 insider transaction
COLL WAYNE M bought 1,568 shares of Precision Optics Corporation, Inc. at $3.98 per share, a transaction worth $6.2K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On June 12, 2023, the reporting person entered into an Employment Agreement with the Issuer that permits the Issuer to substitute up to $25,000 per annum in common stock in lieu of cash. The issuer elected this provision effective January 1, 2024. Under the terms of the agreement, the stock is priced at the quarterly volume weighted average price which was $3.985 for the quarter ended March 31, 2026. Share purchases are based on payroll withholdings for the relevant quarters. Shares dated March 31, 2026 were issued on April 2, 2026.