Form 4: Standex International Corp: CEO David Dunbar Reports Stock Transaction
SEC Form 4 Filing
David Dunbar, President/CEO/Chairman of Standex International Corp, reports the forfeiture of 2,781 common stock shares to cover tax liabilities on February 23, 2024.
Summary
- On February 23, 2024, David A. Dunbar, President/CEO/Chairman and a director of Standex International Corp, forfeited 2,781 shares of common stock.
- The shares were forfeited to cover tax liabilities associated with the vesting of previously issued restricted stock.
- The transaction price was $167.35 per share.
- Following the transaction, Dunbar directly owns 11,738.9759 shares of common stock and indirectly owns 62,233 shares as trustee of a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the forfeiture of shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of the stock transaction (forfeiture of shares). |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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