James C. Takacs - 13 Dec 2023 Form 4 Insider Report for SERVOTRONICS INC /DE/ (SVT)

Signature
Michael C. Donlon, Attorney-in-Fact for James C. Takacs
Issuer symbol
SVT
Transactions as of
13 Dec 2023
Net transactions value
+$11,753
Form type
4
Filing time
15 Dec 2023, 21:56:20 UTC
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 $11,753 +1,022 +5.8% $11.50 18,685 13 Dec 2023 Direct F1
holding SVT Common Stock 21,014 13 Dec 2023 By ESOP
* 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.