Sarcevic Ademir 4

What Happened
Ademir Sarcevic, Vice President, Chief Financial Officer and Treasurer of STANDEX INTERNATIONAL CORP (SXI), surrendered (forfeited) 1,713 shares on 2026-04-01 to cover tax withholding associated with the vesting of previously issued restricted stock. The shares were valued at $260.09 each, for a total of about $445,534. This was not an open-market sale but a tax-withholding disposition tied to equity vesting.

Key Details

• Transaction date and price: 2026-04-01, 1,713 shares at $260.09 per share (total ≈ $445,534).
• Transaction type/code: F — shares forfeited to pay tax liability on vesting (per footnote F1).
• Filing date: Form 4 filed 2026-04-03 covering the 2026-04-01 event (appears timely).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — "Shares forfeited to pay tax liability associated with vesting of previously issued restricted stock."

Context
Forfeiting shares to cover tax withholding is a common, administrative action when restricted stock vests; it is not the same as a discretionary open-market sale and does not necessarily signal insider sentiment. Purchases or voluntary sales by insiders are typically more informative about an insider’s view of the company than routine tax-withholding forfeitures.