CHORMAN THOMAS E 4
Research Summary
AI-generated summary
Standex (SXI) Director Thomas E. Chorman Sells 50 Shares
What Happened
Thomas E. Chorman, a director of Standex International Corp. (SXI), sold 50 shares on February 4, 2026 at $249.86 per share, resulting in proceeds of $12,493. The sale is reported as an open-market disposition and was executed under a pre-existing 10b5-1 trading plan.
Key Details
- Transaction date: 2026-02-04; Report filed: 2026-02-05 (timely filing).
- Price per share: $249.86; Shares sold: 50; Total proceeds: $12,493.
- Transaction code: S (sale).
- Footnote: Sale pursuant to a 10b5-1 trading plan dated November 6, 2025.
- Shares owned after transaction: not specified in this Form 4.
Context
Sales executed under a 10b5-1 plan are pre-arranged and are commonly used to sell shares on a set schedule; they do not necessarily indicate a change in the insider’s view of the company. This was a small, routine director sale rather than a purchase (which is often seen as a more direct bullish signal).