Edwin B. Moran - 28 Feb 2024 Form 4 Insider Report for Omega Flex, Inc. (OFLX)

Role: President, Director
Signature: Susan B. Asch, Attorney-in-fact
Issuer symbol: OFLX
Transactions as of: 28 Feb 2024
Net transactions value: -$52,942
Form type: 4
Filing time: 29 Feb 2024, 09:36:48 UTC
Previous filing: 09 Mar 2023
Next filing: 21 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OFLX	Common Stock	Options Exercise		+750			750	28 Feb 2024	Direct	F1
transaction	OFLX	Common Stock	Disposed to Issuer	$52,942	-750	-100%	$70.59	0	28 Feb 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	OFLX	Phantom Stock	Options Exercise		+750			0	28 Feb 2024	Common Stock	750		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each unit of phantom stock is the economic equivalent of one share of the issuer's common stock. These units are settled for cash on a one-for-one basis.
F2	Each unit of phantom stock is the economic equivalent of one share of the issuer's common stock. These units are settled for cash on a one-for-one basis.