Watts Stanfield Paris 4

What Happened
Watts Stanfield Paris, a director of IDEX Corp (IEX), received an award of 805 restricted stock units (RSUs) on May 6, 2026. The Form 4 reports the acquisition as 805 shares at $0.00 (an RSU grant), so no cash purchase or sale occurred. This is a compensation/award transaction rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-05-06; Filing date: 2026-05-08 (appears timely).
• Type: Award/Grant (code A) — 805 RSUs granted at $0.00.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Each RSU represents a contingent right to one share. These 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 meeting), subject to continuous service through the vest date.
• No indication of 10b5-1 plan, immediate sale, or tax-withholding reported in the excerpt.

Context
RSUs are a form of equity compensation that convert to actual shares only after vesting and typically reflect routine director compensation. Because these units are contingent and not yet vested, they do not represent an immediate market purchase or sale and should be viewed as compensation rather than a direct signal of the director’s short-term market view.