Code O: exercise of out-of-the-money derivative security.
Exercise of an out-of-the-money derivative security. Very rare in practice.
- Quarter
- Q3 2026
- Non-derivative rows
- 1
- Derivative rows
- 0
- Share of non-derivative
- 0.0%
Recent code O transactions
| Date | Issuer | Insider | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-08-24 | PureCycle Technologies, Inc. | Kalter Brad | 50,000 | $0 | 4 |
Query code O transactions
Request with your API key
curl "https://sec-api.dev/api/v1/insider-transactions?period=2026q3&transactionCode=O&limit=10" \
-H "Authorization: Bearer $SEC_API_KEY"Insider trading API · Insider trading by company
Questions
What does transaction code O mean on Form 4?
Exercise of an out-of-the-money derivative security. Very rare in practice.
How common is code O?
In Q3 2026, code O appeared on 1 non-derivative and 0 derivative transaction rows in the SEC insider transactions data set (0.0% of non-derivative rows).
Other codes
P: Open market orS: Open market orV: Voluntarily reported earlierA: Grant, award orD: Disposition to theF: Payment of exerciseI: Discretionary transactionM: Exercise or conversionC: Conversion of derivativeE: Expiration of shortH: Expiration or cancellationX: Exercise of in-the-moneyG: Bona fide giftL: Small acquisition underW: Acquisition or dispositionZ: Deposit into orJ: Other acquisition orK: Transaction in equityU: Disposition pursuant to
Meaning: Form 4 General Instructions, Instruction 8. Counts and examples: SEC insider transactions data sets, Q3 2026.
Plain-text version for agents and LLMs: /form-4-transaction-codes/o.md
Independent. Not affiliated with, endorsed by, or sponsored by the U.S. Securities and Exchange Commission. Data is reproduced from public SEC filings and datasets. Not investment advice.