Form 4: Standex International Corp Insider Sells Shares
Statement of Changes in Beneficial Ownership
Alan J. Glass, CLO, VP & Secretary of Standex International Corp, reported a transaction involving the forfeiture of 204 shares of common stock on April 2, 2026, to cover tax liabilities.
Summary
- Alan J. Glass, CLO, VP & Secretary of Standex International Corp, reported a transaction on April 2, 2026.
- The transaction involved the forfeiture of 204 shares of common stock.
- These shares were forfeited to cover a tax liability associated with the imputed vesting of previously issued restricted stock.
- Following this transaction, Mr. Glass beneficially owns 22,722.945 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard tax-related share forfeiture by an insider rather than a sale or purchase indicating a change in investment sentiment.
Negatives
- Forfeiture of shares implies a reduction in the reporting person's direct beneficial ownership.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently signal company performance, but rather changes in insider holdings.
Stakeholder Impact
- Shareholders: No direct impact on share price or company operations is indicated by this transaction.
Key Dates
| Date | Description |
|---|---|
| 04/02/2026 | Transaction Date (Share forfeiture) |
| 04/06/2026 | Date of Report Signature |
Keywords
Standex International Corp, SXI, Form 4, Insider Transaction, Share Forfeiture, Restricted Stock, Tax Liability, Beneficial Ownership
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