IDEX CORP /DE/·4

May 8, 4:38 PM ET

Glastra Matthijs 4

Research Summary

AI-generated summary

Updated

IDEX (IEX) Director Matthijs Glastra Receives RSU Award

What Happened
Matthijs Glastra, a director of IDEX Corp. (IEX), received an award of 805 restricted stock units (RSUs) on May 6, 2026. The award was recorded at $0.00 per unit (no cash paid) because RSUs are a contingent right to receive shares upon vesting rather than an immediate purchase.

Key Details

  • Transaction date: 2026-05-06; reported on Form 4 filed 2026-05-08 (timely filing).
  • Transaction type/code: A — Grant/Award (805 RSUs) at $0.00; total immediate value reported $0.
  • Vesting: RSUs vest in full on the earlier of May 6, 2027, or the issuer’s next annual meeting (if that meeting is at least 50 weeks after the prior year), subject to continuous service (see footnote).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Reported within two business days of the transaction (no late-filing indication).

Context
RSUs are compensation awards that convert to actual shares only upon vesting; they do not reflect an immediate purchase or sale and are commonly used for executive/director pay alignment. This grant increases potential future equity ownership but does not signal an immediate market transaction.