Kenneth D. Trbovich - Apr 26, 2023 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Role
10%+ Owner
Signature
Kenneth D. Trbovich
Stock symbol
SVT
Transactions as of
Apr 26, 2023
Transactions value $
-$873,354
Form type
4
Date filed
4/28/2023, 04:07 PM

Transactions Table

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

Kenneth D. Trbovich is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 77,978 shares were distributed to Beaver Hollow Wellness, LLC ("BHW") on April 26, 2023.
F2 Reporting Person owns 36,953 shares through BHW.