Dunbar David A. 4
Research Summary
AI-generated summary
Standex (SXI) CEO David Dunbar Sells 15,000 Shares
What Happened
David A. Dunbar, President, CEO and Chairman of Standex International Corp. (SXI), sold a total of 15,000 shares in open-market transactions on February 17, 2026. The filing reports two dispositions: 10,000 shares at $255.98 each ($2,559,800) and 5,000 shares at $255.87 each ($1,279,350), for aggregate proceeds of $3,839,150. These were sales (not purchases) and were executed pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18) — appears to be filed timely.
- Individual trades reported: 10,000 shares @ $255.98 = $2,559,800; 5,000 shares @ $255.87 = $1,279,350.
- Filing footnote: Sales were made pursuant to a 10b5-1 plan dated November 12, 2025.
- Price disclosure footnote: the reported price is a weighted average; actual sale prices ranged from $252.78 to $260.81. The reporting person will provide a per-price breakdown to the SEC or other requestors.
- Shares owned after transaction: not included in the provided filing excerpt.
Context
Sales executed under a 10b5-1 plan are pre-arranged trades that allow insiders to sell shares on a scheduled basis and are generally viewed as routine rather than a real-time signal of insider sentiment. This filing shows disposals only; there were no purchases, option exercises, or gifts reported in this transaction.