ASHLEMAN ERIC D 4

What Happened

Eric D. Ashleman, CEO, President and Director of IDEX Corp (IEX), exercised 15,385 stock options on May 11, 2026 at an exercise price of $93.27 (cost ~$1,434,959) and immediately sold those 15,385 shares in the open market. The sales were in two blocks: 10,470 shares at a weighted average price of $214.95 (proceeds ~$2,250,481) and 4,915 shares at a weighted average price of $215.81 (proceeds ~$1,060,714), for total gross proceeds of about $3,311,195. The Form 4 also shows a derivative disposition of 15,385 shares at $0 consistent with the exercise/conversion reporting.

Key Details

• Transaction date: May 11, 2026 (reported on Form 4 filed May 13, 2026)
• Option exercise: 15,385 shares acquired at $93.27 each — total cost $1,434,959
• Open-market sales: 10,470 shares @ $214.95 (weighted avg) and 4,915 shares @ $215.81 (weighted avg); total proceeds ≈ $3,311,195
• Footnotes: Sales executed in multiple trades. First block traded between $214.425–$215.41 (F1); second block between $215.425–$216.165 (F2). The filer offered to provide per-trade details on request.
• Shares owned after the transaction: not specified in the provided filing excerpt
• Timeliness: Filed May 13 for a May 11 transaction (Form 4 filed within the standard reporting window)

Context

This filing shows an option exercise followed by same-day sales of the resulting shares. That pattern is commonly used to cover the exercise cost and any tax withholding; the Form 4 reflects both the acquisition (exercise) and the subsequent open-market sales. The net effect for the insider was a sale of all 15,385 shares obtained via exercise, producing modest net cash inflow after the exercise cost. As always, insider sales can be routine and do not by themselves indicate company performance changes.