IDEX SVP Lisa M. Anderson Exercises Options, Sells 385 Shares
$IEX · IDEX CORP /DE/Research Summary
AI-generated summary of this SEC filing
IDEX SVP Lisa M. Anderson Exercises Options, Sells 385 Shares
What Happened
Lisa M. Anderson, SVP, General Counsel, Chief Administrative Officer & Corporate Secretary of IDEX Corp (IEX), exercised options for 385 shares on 2026-08-12 (exercise price $93.27, cost $35,909) and sold those 385 shares the same day in an open-market transaction for a weighted-average price of $238.59, producing gross proceeds of about $91,859. Net gain before taxes and fees is approximately $55,950. This sequence (exercise followed by same-day sale) is effectively a cashless exercise and is a sale rather than a fresh purchase signal.
Key Details
- Transaction date: 2026-08-12; Form 4 filed 2026-08-13 (timely filing).
- Exercise: 385 shares at $93.27 each = $35,909 (code M).
- Sale: 385 shares sold at weighted-average $238.59 = $91,859 (code S). Sales executed at prices ranging $238.39–$238.73 per footnote; weighted average reported.
- Additional derivative line: 385 shares reported disposed at $0.00 (represents the derivative conversion/disposition related to the exercise).
- Shares owned after the transaction: not reported in the information provided.
- No footnote indicating a 10b5-1 plan or tax withholding was included in the excerpt provided.
Context: This was an option exercise immediately followed by an open-market sale (a common cashless-exercise pattern). The filing documents a sale by an insider rather than a new buy — useful for recordkeeping and tax/compensation tracking but not, by itself, a bullish insider purchase signal. All dollar figures are approximate and pre-tax, before broker fees or withholding.