Brian S. Olschan, President and COO of Acme United Corp, filed a Form 4 on October 28, 2026, reporting the exercise of three employee stock options and related net share settlements in Common Stock on that same date.
Key Highlights
- Three option exercises: Olschan exercised options covering 35,000 shares at $23.05, 9,200 shares at $23.94, and 7,500 shares at $24.06, all on October 28, 2026.
- Net share settlement: According to the filing, all option exercises were effected on a net share settlement basis, with shares withheld at $65.78 per share to cover the transactions.
- Shares withheld: 27,702 shares, 3,348 shares, and 2,743 shares were disposed of (transaction code F) at $65.78 per share in connection with the three respective exercises.
- Resulting direct ownership: Following all reported transactions, Olschan directly and beneficially owned 59,079 shares of Common Stock.
- Remaining derivative holdings: After the exercises, Olschan held employee stock options covering 171,700, 162,500, and 155,000 shares under three separate option grants, according to the filing.
- Roles: The filing identifies Olschan as both a Director and an Officer (President and COO) of Acme United Corp (NYSE:ACU).
Olschan's October 28, 2026 Option Exercises and Net Share Settlements at Acme United
According to the Form 4 filed with the SEC on October 28, 2026, Brian S. Olschan, President and COO of Acme United Corp (NYSE:ACU), exercised three separate employee stock options on that date. The first exercise involved 35,000 shares at an exercise price of $23.05, with an expiration date of August 12, 2030. The second covered 9,200 shares at $23.94, expiring January 23, 2028. The third covered 7,500 shares at $24.06, expiring January 21, 2030. All three transactions carried transaction code M, indicating the exercise of in-the-money or at-the-money derivative securities.
The filing discloses that each exercise was "effected on a net share settlement basis," meaning a portion of the acquired shares was simultaneously withheld to satisfy the exercise cost and applicable obligations. Specifically, 27,702 shares were disposed of at $65.78 following the first exercise, 3,348 shares at $65.78 following the second, and 2,743 shares at $65.78 following the third. These disposals carried transaction code F. The sequence of acquisitions and disposals across all six reported line items resulted in a final directly held balance of 59,079 shares of Common Stock, as reported in the filing.
On the derivative side, the filing reports that following the three exercises, Olschan retained employee stock options covering 171,700 shares (exercise price $23.05), 162,500 shares (exercise price $23.94), and 155,000 shares (exercise price $24.06), all held directly. The filing was signed by Brian S. Olschan and dated October 28, 2026.
What Was Disclosed
The filing reports three employee stock option exercises by Acme United's President and COO on October 28, 2026, all settled on a net share basis at $65.78 per share, resulting in direct beneficial ownership of 59,079 shares of Common Stock.




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