Simmons William L. 4

What Happened William L. Simmons, Group Executive, FMT & FSDP at IDEX Corporation (IEX), was awarded equity on February 19, 2026: 1,055 restricted stock units (RSUs) and a 4,445-share derivative award (an option). Both awards were reported with a $0.00 acquisition price (no cash exchanged). These are grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (filed after the transaction).
• Reported consideration: $0.00 for both awards.
• Share counts: 1,055 RSUs; 4,445-share option award.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: The 1,055 RSUs each represent a contingent right to one share; they vest in three substantially equal annual installments beginning Feb 19, 2027, subject to continuous service.
  • F2: The 4,445-share award is an option that vests in four substantially equal annual installments beginning Feb 19, 2027, subject to continuous service.
• Timeliness: The Form 4 was filed 4 days after the reported transaction (appears late relative to the typical 2-business-day filing requirement).

Context

• RSUs: Each RSU converts to one share upon vesting; no shares were issued or sold at grant.
• Option/derivative: The 4,445-share award is an option award (per footnote) and will vest over time; exercise terms and strike price were not disclosed in the summary provided.
• Interpretation: These are routine equity compensation awards for an executive. They are not purchases or sales and do not by themselves indicate immediate buying/selling sentiment.