4/A: Standex International Director Corrects Previous SEC Filing Regarding Trust Sale
SEC Filing Amendment
Charles H. Cannon Jr., a director at Standex International, filed an amended SEC Form 4 to correct a previous filing, clarifying that a sale of 2,460 shares was made by a trust, not directly by him.
Summary
- Charles H. Cannon Jr., a director of Standex International Corporation, filed an amended Form 4 (Form 4/A) with the SEC.
- This amendment corrects a previous Form 4 filed on May 13, 2024, which incorrectly indicated a direct sale of 2,460 shares of common stock by Cannon.
- The corrected filing clarifies that the sale of 2,460 shares at a price of $178.023 per share on May 9, 2024, was executed by a trust.
- Following the transaction, Cannon directly owns 3,322 shares and indirectly owns 15,412 shares through a trust.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. It doesn't suggest any significant positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure related to insider trading activities and corrections, ensuring transparency in the market.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of the transaction (sale of shares by the trust). |
| 05/13/2024 | Date of the original Form 4 filing that contained an error. |
| 08/21/2024 | Date of the amended Form 4/A filing. |
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