Insider Trading February 17, 2026

Espey Mfg. CEO Disposes Shares, Exercises Options as Board and Dividend Moves Announced

David A. Oneil sells $442,800 of stock, exercises options for 7,675 shares; company sets quarterly dividend and adjusts audit committee leadership

By Caleb Monroe ESP
Espey Mfg. CEO Disposes Shares, Exercises Options as Board and Dividend Moves Announced
ESP

Espey MFG & Electronics Corp. reported that President and CEO David A. Oneil sold 8,856 shares on February 13, 2026 for $50.00 per share and separately exercised options to acquire 7,675 shares in three transactions. The company also declared a quarterly dividend payable December 26, 2025 and named Nancy Patzwahl as Chair of the Audit Committee, with Paul Corr remaining on the committee as a board member.

Key Points

  • CEO David A. Oneil sold 8,856 shares on February 13, 2026 at $50.00 per share, yielding $442,800.
  • Oneil exercised options for 7,675 shares across three transactions at exercise prices between $21.75 and $27.21, totaling $190,706; after these transactions he directly owns 16,250 shares and indirectly owns 15,544 shares via an ESOP.
  • Espey declared a quarterly dividend of $0.25 per share payable December 26, 2025 to holders of record on December 19, 2025, and named Nancy Patzwahl as Chair of the Audit Committee while Paul Corr remains on the board and the committee.

Espey MFG & Electronics Corp (NYSE:ESP) disclosed insider transactions involving its president and chief executive officer, David A. Oneil. On February 13, 2026, Oneil sold 8,856 shares of the company's common stock at $50.00 per share, with the transaction generating proceeds of $442,800.

On the same date, Oneil completed the exercise of stock options to acquire a total of 7,675 shares of Espey common stock. Those option exercises were executed in three separate transactions, with exercise prices spanning from $21.75 to $27.21, and the aggregate cost for exercising the options amounted to $190,706.

Following these moves, Oneil's reported direct ownership in Espey stands at 16,250 shares. The filings also show indirect ownership of an additional 15,544 shares through an employee stock ownership plan (ESOP).


Separately from the insider activity, the company announced a quarterly cash dividend of $0.25 per share. The dividend is scheduled to be paid on December 26, 2025, to shareholders of record as of December 19, 2025.

Espey also reported a change to its governance team. Nancy Patzwahl has been appointed as the new Chair of the Audit Committee, replacing Paul Corr in that role. The company noted that Paul Corr will continue to serve on the board and will remain a member of the Audit Committee.

These items - the CEO's sale and option exercises, the dividend declaration with its record and payment dates, and the audit committee leadership change - were disclosed in recent company filings and announcements. The statements regarding governance were framed as part of ongoing adjustments to the company's oversight structure.


All figures and dates above reflect the information reported by Espey MFG & Electronics Corp in its disclosures.

Risks

  • The company disclosures do not provide explanations for the CEO's sale or the option exercises, leaving the motivations behind the transactions unclear - this lack of detail is a limitation for investors assessing insider activity.
  • The dividend has a specific record date of December 19, 2025; shareholders who are not on record by that date are ineligible for the payment, creating timing sensitivity for dividend capture.
  • Changes in audit committee leadership reflect adjustments to corporate governance; the filings note the transition but provide limited context on the strategic reasoning behind the change.

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