Form 4: Standex International Corp: CEO David Dunbar Reports Gift of Shares to Revocable Trust
SEC Form 4 Filing
David Dunbar, President/CEO/Chairman of Standex International Corp, reported gifting shares of common stock to a revocable trust for which he serves as Trustee.
Summary
- On September 12, 2024, David A. Dunbar, President/CEO/Chairman of Standex International Corp, reported a transaction involving the company's common stock.
- The transaction involved a gift of 26,381 shares to a revocable trust where Dunbar serves as Trustee.
- Following the transaction, Dunbar directly owns 5,398.9759 shares and indirectly owns 80,614 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a gift of shares. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift or material event for Standex International Corp within its industry.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it involves a transfer of shares to a trust controlled by the CEO.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of the transaction (gift of shares to revocable trust). |
| 09/13/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.