Market for Registrant ’ s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: common stock of the Company is listed on The Nasdaq Global Market (“NASDAQ”) under the ticker symbol “FEIM.”
−Removed: As of July 8, 2025, the approximate number of holders of record of common stock was 441.
−Removed: July 22, 2024, the Board of Directors of the Company declared a special cash dividend of $1.00 per share of common stock.
−Removed: was paid on August 29, 2024, to stockholders of record as of the close of business on August 8, 2024.
−Removed: Based on the current number of
−Removed: shares of common stock outstanding, the total amount of this special cash dividend payment was approximately $9.4 million.
−Removed: were declared or paid during fiscal year 2024.
−Removed: Any future determinations as to the declaration of dividends on our common stock will
−Removed: be made at the discretion of the Board of Directors and will depend on our earnings, operating and financial conditions, capital requirements
−Removed: and other factors deemed relevant by the Board of Directors.
+Added: The common stock of the Company
+Added: is listed on The Nasdaq Global Market (“NASDAQ”) under the ticker symbol “FEIM.” As of July 8, 2026, the approximate
+Added: number of holders of record of common stock was 613.
+Added: dividends were declared or paid during fiscal year 2026.
+Added: In the past, we have declared special dividends from time to time;
+Added: any future determinations as to the declaration of dividends on our common stock will be made at the discretion of the Board of Directors
+Added: and will depend on our earnings, operating and financial conditions, capital requirements, Credit Agreement restrictions, and other factors
+Added: deemed relevant by the Board of Directors.
+Added: Credit Agreement currently restricts our ability to declare and pay dividends on our common stock if certain total leverage and minimum
+Added: fixed charge coverage covenants are not met, and our ability to declare and pay dividends on our common stock may further be restricted
+Added: by the provisions of other financing documents that we may enter into in the future or the terms of securities that we may issue from
+Added: time to time.
OF EQUITY SECURITIES
were no sales of unregistered equity securities during the quarter ended April 30, 2026.
−Removed: March 2005, the Company’s Board of Directors authorized a stock repurchase program for up to $5 million of the Company’s
−Removed: outstanding common stock.
−Removed: This program does not have an expiration date.
−Removed: Shares may be purchased in open market purchases, private transactions
−Removed: or otherwise at such times and from time to time, and at such prices and in such amounts as the Company believes appropriate and in the
−Removed: best interests of its stockholders.
−Removed: The timing and volume of repurchases will vary depending on market conditions and other factors.
−Removed: Purchases may be commenced or suspended at any time without notice.
−Removed: The Company has acquired approximately $3.9 million of its common
−Removed: stock out of the total authorization of $5 million.
following table presents the share-repurchase activity for the quarter ended April 30, 2026:
+Added: Average price
+Added: paid per share
+Added: announced plan
+Added: dollar value of
+Added: shares that may
+Added: under the plan
February 1 - 28, 2026
1 unchanged sentence
April 1 - 30, 2026
+Added: March 2005, the Company’s Board of Directors authorized the repurchase of up to $5.0 million worth of shares of the Company’s
+Added: common stock.
+Added: On September 9, 2025, the Company’s Board of Directors approved a new share repurchase authorization in the amount
+Added: of $20.0 million.
+Added: Under this new share repurchase authorization, the Company’s shares of common stock may be purchased on a discretionary
+Added: basis from time to time, subject to general business and market conditions, other investment opportunities, and compliance with the covenants
+Added: under the Credit Agreement, through open market purchases, privately negotiated transactions or other means.
+Added: This repurchase program
+Added: may be suspended or discontinued at any time without notice.
+Added: The new share repurchase authorization replaced the Company’s prior
+Added: share repurchase authorization under which approximately $0.6 million remained.
+Added: This new share repurchase authorization does not have
+Added: an expiration date.
were no shares withheld or otherwise repurchased during the quarter ended April 30, 2026.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.