STANDEX INTERNATIONAL CORP/DE/·4

Apr 6, 5:37 PM ET

GLASS ALAN J 4

Research Summary

AI-generated summary

Updated

Standex (SXI) CLO Alan Glass Forfeits 204 Shares for Taxes

What Happened

  • Alan J. Glass, Chief Legal Officer (CLO), Vice President & Secretary of Standex International (SXI), had 204 shares forfeited on April 2, 2026 to satisfy a tax liability. The shares were valued at $257.70 each, for a total value of $52,571.
  • This was a tax-withholding/forfeiture transaction related to imputed vesting of previously issued restricted stock, not an open-market sale or new purchase.

Key Details

  • Transaction date and price: Apr 2, 2026 — 204 shares at $257.70 each (total $52,571).
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Footnote: Shares were forfeited to pay tax liability associated with imputed vesting of previously issued restricted stock.
  • Filing date: Apr 6, 2026 (filed four days after the transaction); this appears to be after the typical two-business-day Form 4 reporting window—review the original filing for timeliness details.

Context

  • This was a routine tax-withholding action (transaction code F), effectively a forfeiture of shares to cover taxes on vested restricted stock. Such transactions are administrative and do not necessarily reflect the insider’s view on the company’s prospects.