Form 4: Standex International Corp Executive Gagnon Amy Reports Stock Disposal to Cover Tax Obligations

Amy Gagnon, VP and Chief Accounting Officer of Standex International Corp, disposed of shares to cover tax obligations related to vesting restricted stock and performance share units.

Summary

• On October 25, 2024, Amy Gagnon, VP and Chief Accounting Officer of Standex International Corp, reported a transaction involving the disposal of 16 shares of common stock.
• The shares were disposed of at a price of $176.94 per share.
• This transaction was executed to cover tax obligations arising from the vesting of previously issued restricted stock and/or performance share units.
• Following the transaction, Gagnon directly owns 1,198.126 shares of Standex International Corp.
• The transaction was reported on October 28, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's long-term outlook on the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to equity compensation.

Key Dates