Form 4: Charles H. Cannon Jr., Standex International Director, Reports Stock Sale

Director Charles H. Cannon Jr. of Standex International Corp. reports the sale of 2,460 shares of common stock at a price of $178.023 per share on May 9, 2024.

Summary

• Charles H. Cannon Jr., a director of Standex International Corp, reported a transaction involving the company's common stock.
• On May 9, 2024, Cannon sold 2,460 shares of Standex International Corp common stock.
• The sale price was $178.023 per share.
• Following the transaction, Cannon directly owns 862 shares of common stock.
• Cannon also indirectly owns 17,872 shares as a trustee of a trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock. The reasons for these transactions are varied and not always indicative of the company's performance.

Stakeholder Impact

• The stock sale by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates