{"url_path":"/sec/cik-0000096885/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 Market for Registrant**’**s","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/96885/0001185185-26-002742-index.html","accession_number":"0001185185-26-002742","cik":"0000096885","ticker":null,"issuer_name":"TEL INSTRUMENT ELECTRONICS CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/96885/0001185185-26-002742-index.html","primary_entity_key":"0000096885","primary_entity_name":"TEL INSTRUMENT ELECTRONICS CORP"},"word_count":395,"has_tables":true,"body_markdown":"**Item\n5. Market for Registrant**’**s\nCommon Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities**\n\n \n\n**a)\nMarket Information**\n\n \n\nThe\ncommon stock, $0.10 par value per share, of the registrant (“Common Stock”) is traded on the OTCQB under the symbol “TIKK”.\nThe following table sets forth the high and low per share sale prices for our Common Stock for the periods indicated as reported for\nfiscal years 2025 and 2024 by the OTC. The market quotations reflect interdealer prices, without retail markup, markdown, or commissions,\nand may not represent actual transactions.\n\n \n\nFiscal Year \n   \n  \n\nEnded March 31, \nHigh  \nLow \n\n2025 \n   \n  \n\nFirst Quarter \n$2.30  \n$1.60 \n\nSecond Quarter \n 2.98  \n 1.70 \n\nThird Quarter \n 3.37  \n 2.20 \n\nFourth Quarter \n 3.35  \n 2.51 \n\n  \n    \n   \n\n2024 \n    \n   \n\nFirst Quarter \n$2.40  \n$2.01 \n\nSecond Quarter \n 2.45  \n 2.00 \n\nThird Quarter \n 2.25  \n 1.80 \n\nFourth Quarter \n 2.25  \n 1.70 \n\n \n\n**b)\nHolders**\n\n \n\nThe Company has approximately 135 holders of its\nCommon Stock as of June 29, 2026. This figure does not consider those shareholders whose certificates are held in the name of\nbroker-dealers or other nominees.\n\n \n\n**c)\nDividends**\n\n \n\nWe\nhave not declared or paid any dividends on our Common Stock and intend to retain any future earnings to fund development and growth of\nour business. Therefore, we do not anticipate paying dividends on our common stock for the foreseeable future. TIC has not paid dividends\non the preferred shares throughout fiscal 2025. We are not permitted to pay preferred or common dividends without written bank approval.\n\n \n\n**d)\nSecurities Authorized for Issuance under Equity Compensation Plans**\n\n \n\nThe\nfollowing table provides information as of March 31, 2025, regarding compensation plans under which equity securities of the Company\nare authorized for issuance. See “Equity Compensation Plan Information” under Item 12 below.\n\n \n\nPlan category \nNumber\nof\nsecurities to\nbe issued\nupon\nexercise of\noutstanding\noptions  \nWeighted\n\naverage\nexercise\nprice of\noutstanding\noptions  \nNumber\nof\noptions\nremaining\navailable\nfor future\nissuance\nunder\nEquity\nCompensation\nPlans \n\nEquity\nCompensation Plans approved by shareholders \n 190,500  \n$2.38  \n 59,500 \n\nTotal \n 190,500  \n$2.38  \n 59,500 \n\n \n\n**Rule\n10B-18 Transactions**\n\n \n\nDuring\nthe year ended March 31, 2025, there were no repurchases of the Company’s Common Stock by the Company.\n\n \n\n**Recent\nSales of Unregistered Securities**\n\n \n\nDuring the year ended March 31, 2025, we did not\nissue any securities that were not registered under the Securities Act and not previously disclosed in the Company’s Quarterly\nReports on Form 10-Q or Current Reports on Form 8-K.\n\n \n\n12\n\n[Table of Contents](#TableOfContents)"}