Stephen M. Shea
the Board of Directors of Omega Flex, Inc. (the “Company”) unanimously elected Stephen M. Shea as a Class 2 Director of the Company, with a term expiring at the 2025 annual meeting of shareholders.
Highest-materiality recent filing
Omega Flex Q2 2026 net income down 35.6% YoY; CE Mark for MediTrac
Net sales Q2 2026 $24.057M, down 5.8% YoY; six-month net sales $47.15M, down 3.5%.
Omega Flex appoints PKF O'Connor Davies as auditor for FY 2026, dismisses RSM
Audit Committee selected PKF O'Connor Davies LLP as new independent auditor for fiscal year ending Dec 31, 2026.
Omega Flex declares $0.34 regular quarterly dividend, payable July 7
Quarterly dividend of $0.34 per share declared; payable July 7, 2026 to holders of record June 23, 2026.
Omega Flex Q1 2026 net income falls 41.8% to $2.08M; sales down 1%
Net sales $23.1M for Q1 ended March 31, 2026, down 1.0% from $23.3M a year ago.
Omega Flex declares $0.34 quarterly dividend payable April 21, 2026
Regular quarterly dividend of $0.34 per share declared.
Omega Flex FY2025 net sales $98.3M (-3.3%), net income $14.8M (-17.7%)
FY2025 net sales $98.3M vs $101.7M in 2024, down 3.3%; Q4 net sales $25.2M, down 6.5% YoY.
Omega Flex declares Q4 2025 regular quarterly dividend of $0.34/share
Dividend of $0.34 per share payable on January 7, 2026 to shareholders of record as of December 19, 2025.
Omega Flex Q3 net sales fall 2.6% YoY; net income down 20.1%
Q3 2025 net sales $24.23M vs $24.88M YoY; net income $3.69M vs $4.62M.
Omega Flex declares $0.34 per share quarterly dividend, payable Oct 8, 2025
Regular quarterly dividend of $0.34 per share declared by Board of Directors.
Omega Flex Q2 net income down 7.6% to $4.16M; housing starts drag
Q2 2025 net sales $25.525M (+3.7% YoY); net income $4.156M (-7.6% YoY).
Omega Flex shareholders approve all 5 proposals at annual meeting, adopt 2025 equity plan
Three Class 2 directors elected: J. Nicholas Filler, Edwin B. Moran, Stephen M. Shea.
Omega Flex declares $0.34 quarterly dividend, payable July 10, 2025
Regular quarterly dividend of $0.34 per share declared by Board of Directors.
Omega Flex Q1 net income falls 15.4% to $3.6M; sales down 7.5% on lower housing starts
Net sales of $23.33M, down 7.5% from $25.22M in Q1 2024.
Omega Flex declares regular quarterly dividend of $0.34 per share
Dividend of $0.34 per share declared for Q1 2025.
Omega Flex Q4 2024 net sales down 4.2% YoY; full-year EPS $1.78 vs $2.06
Net sales $101.7M in 2024, down 8.8% from $111.5M in 2023.
Omega Flex declares $0.34 quarterly dividend payable Jan 7, 2025
Dividend of $0.34 per share declared for fourth quarter 2024.
Omega Flex Q3 net sales down 9.5%; EPS $0.46 vs $0.55, net income falls 17.2%
Nine-month net sales $74.7M, down 10.3% YoY; Q3 net sales $24.9M, down 9.5%.
Omega Flex declares $0.34 quarterly dividend for Q3 2024
Regular quarterly dividend of $0.34 per share declared by Board of Directors.
Omega Flex reports 10.7% sales decline in H1 2024; net income down 15.4%
Net sales for six months $49.8M, down 10.7% YoY; Q2 sales $24.6M, down 4.7%.
Omega Flex shareholders elect Reed and Evans as directors, ratify auditors at annual meeting
Directors elected: Stewart B. Reed (8,529,124 for) and David K. Evans (8,217,650 for), three-year terms expiring 2027.
Omega Flex declares Q2 2024 regular quarterly dividend of $0.34 per share
Dividend of $0.34/share payable July 10, 2024 to holders of record June 26, 2024.
Omega Flex Q1 net sales down 15.9% to $25.2M; EPS falls to $0.42
Net sales $25.2M, down 15.9% YoY; net income $4.2M, down 26.5%.
Omega Flex elects Stephen M. Shea to Board as Class 2 director
Stephen M. Shea elected to Omega Flex Board effective April 9, 2024; term expires at 2025 annual meeting.
Omega Flex Director Derek W. Glanvill resigns from board effective April 4, 2024
Derek W. Glanvill, a Class 2 director, resigned from the board effective April 4, 2024.
Omega Flex declares $0.33 quarterly dividend, payable April 24, 2024
Dividend of $0.33 per share declared for Q1 2024.
Omega Flex reports FY2023 revenue down 11.2%; EPS falls to $2.06 from $2.34
Net sales $111.5M for FY2023, down 11.2% vs $125.5M in FY2022.
Omega Flex appoints new directors and announces executive leadership changes effective Jan 1, 2024
Edwin B. Moran elected as Class 2 Director and Dean W. Rivest as Class 3 Director, effective January 1, 2024.
Omega Flex declares Q4 2023 quarterly dividend of $0.33 per share
Quarterly dividend of $0.33 per share declared.
Omega Flex Q3 net sales down 13.1% YoY; EPS $0.55 vs $0.65
9-month net sales $83.3M, down 12.0% YoY; Q3 net sales $27.5M, down 13.1%.
Director Mark F. Albino resigns from Omega Flex board, effective Sept 30, 2023
Mark F. Albino resigned as director effective September 30, 2023, not due to any disagreement with Omega Flex.
Omega Flex declares $0.33 quarterly dividend payable Oct 6
Dividend of $0.33 per share declared, payable October 6, 2023, to holders of record September 25, 2023.
Omega Flex Q2 net sales down 18.6% YoY; EPS $0.45 vs $0.54
Q2 2023 net sales $25.8M, down 18.6% from $31.7M; net income $4.6M ($0.45 EPS) vs $5.5M ($0.54 EPS) YoY.
Omega Flex enters $15M unsecured revolving credit facility with Santander Bank
$15M revolving credit line, unsecured, matures June 1, 2028.
Omega Flex shareholders elect directors, approve say-on-pay and auditor ratification
Elected directors Marc F. Albino (8.83M for), James M. Dubin (7.12M for), Kevin R. Hoben (8.91M for).
Omega Flex declares regular quarterly dividend of $0.33 per share
Dividend of $0.33 per share declared for Q2 2023, payable July 7, 2023.
Omega Flex Q1 net income up 5.3% to $5.74M, sales down 4.2% to $29.99M
EPS $0.57 vs $0.54 YoY; net income $5.74M vs $5.45M.
Omega Flex declares $0.32 regular quarterly dividend payable April 24, 2023
Dividend of $0.32 per share, payable April 24, 2023 to shareholders of record April 10, 2023.
Omega Flex reports FY2022 net sales down 3.5% to $125.5M; net income down 9.8% to $23.6M
Net sales $125.5M for FY2022 vs $130.0M in 2021, down 3.5%; Q4 net sales $30.8M vs $35.5M, down 13.1%.
Omega Flex declares $0.32 quarterly dividend, payable Jan 4, 2023
Dividend of $0.32 per share declared; record date December 19, 2022, payable January 4, 2023.
Omega Flex Q3 EPS $0.65 vs $0.61; nine-month net income down 6.2%
Nine-month net income $17.4M down 6.2% from $18.6M; EPS $1.73 vs $1.84.
Omega Flex declares $0.32 regular quarterly dividend payable Oct 24
Quarterly dividend of $0.32 per share declared for Q3 2022.
Omega Flex Q2 net income down 11.9% to $5.45M, EPS $0.54 vs $0.61
Q2 net sales $31.75M, down 0.7% YoY; six-month sales $63.04M, up 0.3%.
Omega Flex shareholders elect Filler and Glanvill as directors, ratify auditors
J. Nicholas Filler elected with 8,835,758 votes in favor; 620,413 withheld.
Omega Flex declares $0.32 quarterly dividend, an increase from prior rate
Regular quarterly dividend of $0.32 per share, payable July 5, 2022 to holders of record June 24, 2022.
Omega Flex COO Mark F. Albino retires effective May 31; remains on board
Mark F. Albino retires as COO of Omega Flex, effective May 31, 2022.
Omega Flex Q1 net income down 13% to $5.45M; EPS $0.54 vs $0.62 YoY
Net sales $31.3M, up 1.4% YoY from $30.9M.
Director Bruce C. Klink will not stand for re-election at Omega Flex 2022 annual meeting
Bruce C. Klink informed Board on April 5, 2022 he will not stand for re-election.
Omega Flex declares $0.30 quarterly dividend, payable April 25, 2022
Regular quarterly dividend of $0.30 per share announced.
Omega Flex reports record FY2021: Net sales $130M (+22.9%), net income $26.2M (+31.6%), EPS $2.60
Full-year net sales $130.0M vs $105.8M in FY2020; net income $26.2M vs $19.9M.
Omega Flex appoints Dean Rivest as President, Unger as CFO, Moran as EVP Sales
Dean W. Rivest appointed President, reporting to Mark Albino (COO); effective immediately.
the Board of Directors of Omega Flex, Inc. (the “Company”) unanimously elected Stephen M. Shea as a Class 2 Director of the Company, with a term expiring at the 2025 annual meeting of shareholders.
On April 4, 2024, Derek W. Glanvill, a director of Omega Flex, Inc. (the “Company”), informed the Company of his resignation from the board of directors of the Company, effective immediately.
Kevin R. Hoben will be Executive Chairman of the Company
Susan B. Asch will be promoted to be a Vice President of the Company, in addition to serving as its General Counsel and Corporate Secretary
Edwin B. Moran will replace Mr. Rivest as President of the Company
and Dean W. Rivest as a Class 3 Director of the Company
unanimously elected Edwin B. Moran as a Class 2 Director of the Company
David R. Edler will be promoted from Director - MediTrac, to Vice President and General Manager - MediTrac
Dean W. Rivest will replace Mr. Hoben as Chief Executive Officer of the Company
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.
On May 31, 2022, Omega Flex, Inc. (the “Company”) announced that Mark F. Albino, the Company’s chief operating officer, is retiring from his executive role effective immediately.
On April 5, 2022, Bruce C. Klink, a director of the Company, informed the Board of Directors (the “Board”) of Omega Flex, Inc. (the “Company”) that he has elected to not stand for re-election and will complete his term on the Board at the conclusion of the Company’s 2022 annual meeting of stockholders.
Max materiality 0.75 · Median 0.50 · Most common event earnings