Sarcevic Ademir 4
Research Summary
AI-generated summary
Standex (SXI) CFO Ademir Sarcevic Receives Award
What Happened
Ademir Sarcevic, Vice President / Chief Financial Officer / Treasurer of Standex International Corp. (SXI), was granted 2,152 restricted stock units (RSUs) on July 1, 2026. The RSUs are awards (derivative securities) under the company's 2018 Omnibus Incentive Plan; no purchase price is reported because this is a compensation award rather than a market transaction.
Key Details
- Transaction date: 2026-07-01 (award of RSUs).
- Filing date: 2026-07-02 (filed within the standard 2 business days required under Section 16).
- Shares/units granted: 2,152 RSUs. Price: N/A (compensation award).
- Vesting: one-third vests on July 1, 2028; the remaining two-thirds vest on July 1, 2029 (per footnote).
- Shares owned after the transaction: not disclosed in the filing.
- Tax withholding or net share settlement: not indicated in the filing.
- Transaction type: coded as A (award/grant); this is not an open-market buy or sale.
Context
RSUs are a form of equity compensation that convert into common shares upon vesting; they do not represent an immediate purchase or sale and therefore are not a direct market-confidence signal. This appears to be a routine executive compensation grant under the company’s incentive plan.