PESI · Perma Fix Environmental Services Inc · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Because these customers do not provide binding assurances regarding the timing or volume of future work, and such activity is subject to appropriations, procurement processes, operational considerations and other factors outside the Company's control, management could not conclude that its plans are probable of effectively mitigating the conditions giving rise to substantial doubt. Accordingly, substantial doubt continues to exist about the Company's ability to continue as a going concern for one year following the date the accompanying Condensed Consolidated Financial Statements are issued. Although the May 2026 equity offering strengthened the Company's liquidity, management concluded that the substantial doubt was not alleviated.”View the 10-Q filed Aug 12, 2026
Key customers — 61.4% of revenue (the three months ended March 31, 2026)
“We performed services relating to waste generated by federal government clients, either indirectly as a subcontractor or directly as a prime contractor to federal government entities, representing approximately $6,836,000 or 61.4% of our total revenue during the three months ended March 31, 2026, as compared to $8,404,00 or 60.4% of our total revenue during the corresponding period of 2025.”
Key customers — 60.4% of revenue (the corresponding period of 2025)
“We performed services relating to waste generated by federal government clients, either indirectly as a subcontractor or directly as a prime contractor to federal government entities, representing approximately $6,836,000 or 61.4% of our total revenue during the three months ended March 31, 2026, as compared to $8,404,00 or 60.4% of our total revenue during the corresponding period of 2025.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-10-01 | Grumski Joseph Timothy |
Director |
Award↑
|
Common Stock
|
1,438 |
| 2026-10-01 | Wamp Zach Paul |
Director |
Award↑
|
Common Stock
|
775 |
| 2026-10-01 | Bostick Thomas |
Director |
Award↑
|
Common Stock
|
1,108 |
| 2026-10-01 | REEDER JOE |
Director |
Award↑
|
Common Stock
|
1,289 |
| 2026-10-01 | Duggan Kerry C |
Director |
Award↑
|
Common Stock
|
748 |
| 2026-10-01 | Shelton Larry |
Director |
Award↑
|
Common Stock
|
1,246 |
| 2026-10-01 | ZWECKER MARK A |
Director |
Award↑
|
Common Stock
|
1,038 |
| 2026-07-22 | Shelton Larry |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | Duggan Kerry C |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | Bostick Thomas |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | Wamp Zach Paul |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | REEDER JOE |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | Grumski Joseph Timothy |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-22 | ZWECKER MARK A |
Director |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/22/2026 under the Company's 2003 Outside Directors Stock Plan. The option vests in four equal annual installmens of 25% each, beginning on the first anniversary of the grant date and on each successive anniversary thereafter. |
Stock Option (Right to Buy)
|
10,000 |
| 2026-07-13 | Shelton Larry |
Director |
Convert↑
|
Common Stock
|
2,400 |
| 2026-07-13 | Shelton Larry |
Director |
Convert↓
Filing footnotes — Stock Option (Right to Buy) (Direct)
Non-Qualified Stock Option granted 07/28/2016 under the Company's Outside Directors Stock Plan. The option vests fully six months from grant date. |
Stock Option (Right to Buy)
|
2,400 |
| 2026-07-01 | Grumski Joseph Timothy |
Director |
Award↑
|
Common Stock
|
1,528 |
| 2026-07-01 | Bostick Thomas |
Director |
Award↑
|
Common Stock
|
1,213 |
| 2026-07-01 | REEDER JOE |
Director |
Award↑
|
Common Stock
|
1,458 |
| 2026-07-01 | Shelton Larry |
Director |
Award↑
|
Common Stock
|
1,365 |
| 2026-07-01 | ZWECKER MARK A |
Director |
Award↑
|
Common Stock
|
1,167 |
| 2026-07-01 | Wamp Zach Paul |
Director |
Award↑
|
Common Stock
|
849 |
| 2026-07-01 | Duggan Kerry C |
Director |
Award↑
|
Common Stock
|
819 |
| 2026-04-01 | Grumski Joseph Timothy |
Director |
Award↑
|
Common Stock
|
2,105 |
| 2026-04-01 | REEDER JOE |
Director |
Award↑
|
Common Stock
|
1,886 |
| 2026-04-01 | Wamp Zach Paul |
Director |
Award↑
|
Common Stock
|
1,094 |
| 2026-04-01 | ZWECKER MARK A |
Director |
Award↑
|
Common Stock
|
1,520 |
| 2026-04-01 | Bostick Thomas |
Director |
Award↑
|
Common Stock
|
1,559 |
| 2026-04-01 | Shelton Larry |
Director |
Award↑
|
Common Stock
|
1,824 |
| 2026-04-01 | Duggan Kerry C |
Director |
Award↑
|
Common Stock
|
1,054 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Tax↓
Filing footnotes — Common Stock (Direct)
January 20, 2026,, the Reporting Person exercised the incentive stock option granted 1/19/2023 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 6,000 shares of the Company's Common Stock at an exercise price of $3.95 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $23,700. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 1,729 shares of Common Stock ($23,700 divided by $13.71) to pay the aggregate exercise price of the option. |
Common Stock
|
1,729 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Convert↑
Filing footnotes — Common Stock (Direct)
On January 20, 2026, the Reporting Person exercised the incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 5,000 shares of the Company's Common Stock at an exercise price of $7.005 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $35,025. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 2,555 shares of Common Stock ($35,025 divided by $13.71) to pay the aggregate exercise price of the option. |
Common Stock
|
5,000 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Tax↓
Filing footnotes — Common Stock (Direct)
On January 20, 2026, the Reporting Person exercised the incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 5,000 shares of the Company's Common Stock at an exercise price of $7.005 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $35,025. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 2,555 shares of Common Stock ($35,025 divided by $13.71) to pay the aggregate exercise price of the option. |
Common Stock
|
2,555 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Convert↓
Filing footnotes — Stock Option (Direct)
January 20, 2026,, the Reporting Person exercised the incentive stock option granted 1/19/2023 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 6,000 shares of the Company's Common Stock at an exercise price of $3.95 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $23,700. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 1,729 shares of Common Stock ($23,700 divided by $13.71) to pay the aggregate exercise price of the option. Incentive stock option granted 01/19/2023 under the Company's 2017 Stock Option Plan for the purchase of up to 30,000 shares of the Company's Common Stock.The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year. |
Stock Option
|
6,000 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Convert↓
Filing footnotes — Stock Option (Direct)
On January 20, 2026, the Reporting Person exercised the incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 5,000 shares of the Company's Common Stock at an exercise price of $7.005 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $35,025. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 2,555 shares of Common Stock ($35,025 divided by $13.71) to pay the aggregate exercise price of the option. Incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan for the purchase of up to 25,000 shares of the Company's Common Stock. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year. |
Stock Option
|
5,000 |
| 2026-01-20 | Grondin Richard |
EVP of Hanford & Int. Waste Op |
Convert↑
Filing footnotes — Common Stock (Direct)
January 20, 2026,, the Reporting Person exercised the incentive stock option granted 1/19/2023 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 6,000 shares of the Company's Common Stock at an exercise price of $3.95 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $23,700. Since the fair market value of the Company's Common Stock on January 20, 2026, (as determined in accordance with the 2017 Plan) was $13.71 per share, the Company withheld 1,729 shares of Common Stock ($23,700 divided by $13.71) to pay the aggregate exercise price of the option. |
Common Stock
|
6,000 |
| 2026-01-02 | Grumski Joseph Timothy |
Director |
Award↑
|
Common Stock
|
1,840 |
| 2026-01-02 | Shelton Larry |
Director |
Award↑
|
Common Stock
|
1,583 |
| 2026-01-02 | Duggan Kerry C |
Director |
Award↑
|
Common Stock
|
929 |
| 2026-01-02 | ZWECKER MARK A |
Director |
Award↑
|
Common Stock
|
1,325 |
| 2026-01-02 | REEDER JOE |
Director |
Award↑
|
Common Stock
|
1,549 |
| 2026-01-02 | Wamp Zach Paul |
Director |
Award↑
|
Common Stock
|
964 |
| 2026-01-02 | Bostick Thomas |
Director |
Award↑
|
Common Stock
|
1,324 |
| 2025-12-15 | REEDER JOE |
Director |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
727 |
| 2025-12-15 | REEDER JOE |
Director |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
727 |
| 2025-12-15 | REEDER JOE |
Director |
Gift↓
Filing footnotes — Common Stock (Direct)
Gift in equal amounts to Reporting Person's four adult children, who are not affiliated with the Issuer. The Reporting Person retains no ownership control. |
Common Stock
|
11,048 |
| 2025-12-15 | REEDER JOE |
Director |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
1,090 |
| 2025-12-15 | REEDER JOE |
Director |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
364 |
| 2025-11-17 | CENTOFANTI LOUIS F |
Director, EVP of Strategic Initiatives |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
600 |
| 2025-11-17 | CENTOFANTI LOUIS F |
Director, EVP of Strategic Initiatives |
Gift↓
Filing footnotes — Common Stock (Direct)
Bona fide gift to non-profit organization unaffiliated with either the Reporting Person or the Issuer. |
Common Stock
|
600 |