Standex (SXI) Director Charles H. Cannon Jr. Receives Award

What Happened Charles H. Cannon Jr., a director of Standex International Corp. (SXI), received an award of 286 phantom shares (derivative grant) on 2026-08-23. The filing reports this as an acquisition in the form of a contingent phantom stock award; no cash price or immediate common shares were issued. The award is structured to convert into common stock upon vesting.

Key Details

• Transaction date: 2026-08-23; Form 4 filed 2026-08-25 (filed within the normal two-business-day window).
• Security: 286 phantom shares (derivative award). Price per share: N/A (no cash purchase reported).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Award is a contingent purchase of Phantom Stock under the Management Stock Purchase Plan (component of the 2018 Omnibus Incentive Plan) that vests three years after the date of purchase and will be paid in common stock upon vesting.
• Transaction code: A (award/grant/other acquisition).

Context This is a compensation-related award (phantom stock) rather than an open-market purchase or sale. Such awards are common for directors and typically vest over time; they do not indicate an immediate buy or sell signal. The grant will only result in actual common shares if and when the phantom stock vests in three years.