Overview
Paul J. Corr, a director at Espey MFG & Electronics Corp (NYSE:ESP), completed a set of equity transactions on February 18, 2026, that included both the sale of common stock and the exercise of stock options, according to a Form 4 filing with the Securities and Exchange Commission.
Details of the transactions
On February 18, 2026, Corr sold 2,042 shares of Espey common stock at prices ranging from $57.31 to $59.43. The sales generated approximately $130,562 in proceeds.
That same day, Corr exercised options to acquire a total of 4,642 shares. The option exercises consisted of 2,400 shares at an exercise price of $21.75 and 2,242 shares at an exercise price of $27.21. The combined value associated with those exercised options was reported as $113,204.
Following the sale and the option exercises recorded on the Form 4, Corr's direct ownership in Espey MFG & Electronics Corp stands at 23,239 shares.
Recent corporate actions
Separately from the insider transactions, Espey MFG & Electronics Corp announced a regular quarterly 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.
The company also disclosed a change in board leadership. Nancy Patzwahl has been appointed Chair of the Audit Committee, replacing Paul Corr in that chair role. Corr will remain a member of the board and continue serving on the Audit Committee.
Context and note
The information above is drawn from the company's public disclosures and filings related to the insider transactions, dividend declaration, and board committee leadership change. The filing specified the dates, share counts, price ranges, exercise prices, and resulting share ownership exactly as stated.