Evan H. Wax - May 10, 2024 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Role
Director
Signature
Michael C. Donlon, attorney-in-fact for Evan H. Wax
Stock symbol
SVT
Transactions as of
May 10, 2024
Transactions value $
$25,010
Form type
4
Date filed
5/14/2024, 05:01 PM
Previous filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVT Common Stock Award $25K +2K +9.6% $12.53 22.8K May 10, 2024 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-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.