Form 4: Pro Dex Inc. Director and 10% Owner, Raymond E. Cabillot, Executes Stock Sales Under 10b5-1 Plan

Raymond E. Cabillot, a director and 10% owner of Pro Dex Inc., executed sales of common stock on March 28 and March 31, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Raymond E. Cabillot, a director and 10% owner of Pro Dex Inc. (PDEX), reported the sale of common stock on March 28 and March 31, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 20, 2024.
• On March 28, 2025, 842 shares were sold at $50 per share.
• On March 31, 2025, 836 shares were sold at $50 per share.
• Following these transactions, Farnam Street Partners, L.P., an entity related to Cabillot, beneficially owns 278,109 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document reports routine stock sales under a pre-arranged trading plan. There's no indication of positive or negative implications for the company's performance.

Industry Context

Sales by insiders are a common occurrence and are often viewed in the context of pre-arranged trading plans like the 10b5-1 plan, which allows insiders to sell shares over a period of time without being accused of trading on inside information. The market typically assesses the size and frequency of such sales to gauge potential impact.

Key Dates

Keywords

Form 4, PDEX, Pro Dex Inc, Cabillot, Raymond E. Cabillot, Farnam Street Partners, 10b5-1 plan, stock sale, director, 10% owner