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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 26, 2023

 

OMEGA FLEX, INC.

(Exact name of registrant as specified in charter)

 

Pennsylvania   000-51372   23-1948942
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)

 

451 Creamery Way

Exton, Pennsylvania 19341

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: 610-524-7272

 

Not applicable

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
   

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.01 per share   OFLX   NASDAQ Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

   

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On September 26, 2023, Mark F. Albino, a director of Omega Flex, Inc. (the “Company”), informed the Company of his resignation from the board of directors (the “Board”) of the Company, effective September 30, 2023. Mr. Albino’s decision to resign from the Board was not because of a disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Albino was instrumental in the growth and strategy of the Company. He served as a director for over 27 years, and as our chief operating officer until his retirement in May 2022. We thank Mr. Albino for his tremendous contributions and wish him all the best in his retirement.

 

Item 9.01. Financial Statement and Exhibits

 

(d) Exhibits:

 

Exhibit

Number

   Description
99.1   Press Release dated September 29, 2023
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

   

 

 

SIGNATURES

 

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

OMEGA FLEX, INC.

 

Date: September 29, 2023 By: /s/ Kevin R. Hoben
    Kevin R. Hoben
    Chairman and Chief Executive Officer

 

   

 

Exhibit 99.1

 

OMEGA FLEX, INC.

Manufacturer of flexible metal hose and gas piping products

 

Exton, Pennsylvania Contact: Kevin R. Hoben
September 29, 2023 (610) 524-7272

 

PRESS RELEASE

 

Omega Flex, Inc. Announces Departure of a Director: Mark F. Albino

 

Omega Flex, Inc. (the “Company”) today announces that Mark F. Albino has resigned from the board of directors of the Company, effective September 30, 2023. Since the Company became publicly traded in 2005, Mr. Albino was instrumental in its growth and strategy. He served as a director for over 27 years, and as our chief operating officer until his retirement in May 2022. While Mr. Albino believes that his retirement as a director followed naturally upon his retirement as chief operating officer, he informed our chief executive officer that he will continue to be available for consultation. We thank Mr. Albino for his tremendous contributions and wish him all the best in his retirement.

 

   

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