Form 4: Director Alejandro Quiroz Receives IDEX Corp RSU Grant
Statement of Changes in Beneficial Ownership
Director Alejandro Quiroz was granted 805 restricted stock units in IDEX Corp, vesting in May 2027.
Summary
- Director Alejandro Quiroz acquired 805 restricted stock units (RSUs) of IDEX Corp common stock.
- The transaction occurred on May 6, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the director's total beneficial ownership is 4,030 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the director's continuous service through the vesting date.
Future Outlook
The RSUs vest in full on the earlier of May 6, 2027, or the date of the next annual stockholders meeting, provided the director remains in service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for S&P 500 and mid-cap industrial companies.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation structure.
Next Steps
- Vesting of 805 RSUs on May 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of RSU grant transaction. |
| 05/08/2026 | Date of filing. |
| 05/06/2027 | Expected vesting date of the RSUs. |
Keywords
IDEX Corp, IEX, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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