Form 4 Filing for Thomas McClelland
This filing details stock transactions by Thomas McClelland, President and CEO of FREQUENCY ELECTRONICS INC. The transactions include the disposal of shares to cover tax obligations upon vesting of equity awards, and the acquisition of performance-based restricted stock units. Specifically, on January 4, 2025, 6,947 shares were disposed of at $18.47 per share. Subsequent transactions involved the acquisition of 50,000 shares on July 31, 2025, followed by the disposal of 12,888 shares at $26.60. Further disposals occurred on November 1, 2025 (129 shares at $36.68) and January 4, 2026 (6,629 shares at $50.55). The filing also notes the acquisition of 50,000 shares on April 30, 2026, and 50,000 shares on September 9, 2026, with no acquisition price indicated, suggesting they were granted as equity awards. The post-transaction ownership as of September 23, 2026, is 220,861 shares, in addition to 16,385 shares held in a 401(k) Savings Plan.