Brent D. Baird - 16 Feb 2023 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Signature
/s/ Michael C. Donlon, Attorney-in-Fact
Issuer symbol
SVT
Transactions as of
16 Feb 2023
Net transactions value
+$7,816
Form type
4
Filing time
17 Feb 2023, 16:56:17 UTC
Previous filing
19 Jan 2023
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVT Common Stock Award $7,816 +725 +0.26% $10.78 274,386 16 Feb 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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-half on the date of the regularly scheduled quarterly board meeting to review the financial statements for the quarter ended December 31, 2022 and one-half on the date of the 2023 annual meeting.