Robert Fraass - 13 Dec 2023 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Signature
Michael C. Donlon, Attorney-in-Fact for Robert Fraass
Issuer symbol
SVT
Transactions as of
13 Dec 2023
Transactions value $
$19,872
Form type
4
Filing time
15 Dec 2023, 21:56:01 UTC
Previous filing
03 May 2023
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVT Common Stock Award $19,872 +1,728 +98.2% $11.50 3,487 13 Dec 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 long-term equity incentive award under the Servotronics, Inc. 2022 Equity Incentive Plan. These restricted shares vest one-third on the first anniversary of the date of grant and one-third each on April 1, 2025 and 2026.