Omega Flex Files 2024 DEF 14A: Executive Pay & Pension Details
Ticker: OFLX · Form: DEF 14A · Filed: Apr 29, 2025 · CIK: 1317945
| Field | Detail |
|---|---|
| Company | Omega Flex, Inc. (OFLX) |
| Form Type | DEF 14A |
| Filed Date | Apr 29, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, pension-benefits, annual-filing
Related Tickers: OFLX
TL;DR
Omega Flex dropped its 2024 proxy statement (DEF 14A) detailing exec pay and pension costs. Check it out.
AI Summary
Omega Flex, Inc. filed its DEF 14A on April 29, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and other corporate governance matters. Key figures include pension benefit costs for 2024, such as Service Cost of Pension Benefits and Prior Service Cost of Pension Benefits, which are detailed within the report.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, impacting investor confidence and the company's long-term strategic direction.
Risk Assessment
Risk Level: low — This filing is a routine annual disclosure (DEF 14A) and does not contain immediate, significant financial risks.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the DEF 14A filing.)
- 2023 — Prior Fiscal Year (Comparative data for pension benefits.)
- 2022 — Earlier Fiscal Year (Comparative data for pension benefits.)
Key Players & Entities
- Omega Flex, Inc. (company) — Filer of the DEF 14A
- 451 Creamery Way, Exton, PA 19341 (address) — Business and mailing address of Omega Flex, Inc.
- 2024-12-31 (date) — Fiscal year end for the reported period
- 20250429 (date) — Filing date of the DEF 14A
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
When did Omega Flex, Inc. file this DEF 14A?
Omega Flex, Inc. filed this DEF 14A on April 29, 2025.
What fiscal year does this DEF 14A report cover?
This DEF 14A report covers the fiscal year ending December 31, 2024.
What specific pension-related costs are detailed for the fiscal year 2024?
The filing details Service Cost of Pension Benefits and Prior Service Cost of Pension Benefits for the fiscal year 2024.
Where is Omega Flex, Inc. headquartered?
Omega Flex, Inc. is located at 451 Creamery Way, Exton, PA 19341.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 29, 2025 regarding Omega Flex, Inc. (OFLX).