4Filed Aug 3, 8:00 PM ET
Standex (SXI) Director Thomas E. Chorman Sells 50 Shares
$SXI · STANDEX INTERNATIONAL CORP/DE/Research Summary
AI-generated summary of this SEC filing
Standex (SXI) Director Thomas E. Chorman Sells 50 Shares
What Happened
Thomas E. Chorman, a director of Standex International Corp. (SXI), disposed of 50 shares on 2026-08-03 in an open-market sale at $305.56 per share, generating proceeds of $15,278. The filing notes the sale was made pursuant to an existing 10b5-1 trading plan dated November 6, 2025.
Key Details
- Transaction date: 2026-08-03; sale price: $305.56 per share; total proceeds ≈ $15,278.
- Transaction type/code: Open-market sale (S).
- Footnote: Sale executed under a pre-established 10b5-1 trading plan (dated Nov 6, 2025).
- Filing date: 2026-08-04 (filed the next day); filing appears timely.
- Shares owned after transaction: Not provided in the supplied filing details.
Context
A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule and is commonly used to avoid concerns about trading on material non-public information; such sales are often routine and do not necessarily indicate a change in the insider’s view of the company.