Form 4: Pro-Dex Inc. Insider Trading: CFO Acquires Shares
Statement of Changes in Beneficial Ownership
Pro-Dex Inc. reports that Chief Financial Officer Alisha Charlton acquired 10,800 shares of common stock on July 1, 2026, under a performance award agreement.
Summary
- Alisha Charlton, Chief Financial Officer of Pro-Dex Inc., acquired 10,800 shares of common stock on July 1, 2026.
- These shares were issued under a performance award agreement as part of the Pro-Dex, Inc. 2016 Equity Incentive Plan.
- Following this transaction, Charlton beneficially owns 28,067 shares of common stock directly.
- Additionally, 3,897 shares were withheld to satisfy tax obligations, resulting in a net ownership of 24,170 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to compensation rather than a strategic financial event.
Positives
- The Chief Financial Officer acquired additional shares, indicating confidence in the company.
- The acquisition of shares was made under a performance award, aligning executive incentives with company performance.
Negatives
- 3,897 shares were withheld to cover tax obligations, reducing the net acquisition.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to insider transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings, like this one from Pro-Dex Inc., are standard disclosures for insider transactions. Such filings provide transparency into the holdings and trading activities of company executives and directors, which can be a signal to the market.
Stakeholder Impact
- Shareholders: Increased transparency into executive holdings. The acquisition may be viewed positively as a sign of executive confidence.
- Employees: The performance award structure highlights the company's approach to executive compensation and incentive alignment.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Date of transaction for share acquisition and tax withholding. |
| 07/06/2026 | Date of signature for the filing. |
Keywords
Pro-Dex Inc., PDEX, Form 4, Insider Trading, Stock Acquisition, Chief Financial Officer, Equity Incentive Plan, Beneficial Ownership
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