Van Kirk Richard Lee Jr 4

What Happened

• Richard Lee Van Kirk Jr., Chief Executive Officer of Pro‑Dex, sold a total of 10,000 shares in open‑market/private transactions on May 21–22, 2026. The sales were reported in two days of transactions: May 21 (1,918 @ $62.22 = $119,338; 3,404 @ $62.96 = $214,316; 550 @ $63.92 = $35,156) and May 22 (2,824 @ $62.09 = $175,342; 1,254 @ $62.93 = $78,914; 50 @ $63.63 = $3,182). Total proceeds were $626,248, an approximate overall weighted average of $62.62 per share. These were sales (not purchases), often viewed as routine or liquidity events rather than a direct bullish signal.

Key Details

• Transaction dates: May 21–22, 2026; Form 4 filed May 26, 2026 (appears timely).
• Per‑transaction reported prices: $62.22, $62.96, $63.92, $62.09, $62.93, $63.63; overall weighted avg ≈ $62.62.
• Price ranges disclosed in footnotes span roughly $61.54 to $64.33 across the multiple trades; each line’s price is a weighted average of several executions.
• Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted by the CEO on February 19, 2026 (footnote F1).
• Shares owned after the transactions: not stated in the provided excerpt of the filing (check the full Form 4 for post‑transaction holdings).
• Transaction type: S = Sale (open market or private sale).

Context

• Because these sales were executed under a pre‑arranged 10b5‑1 plan, they were likely scheduled in advance; that reduces (but does not eliminate) the extent to which the trades reflect the insider’s current view of the company.
• For retail investors, purchases by insiders generally carry more weight as a bullish indicator; scheduled sales are commonly for diversification, tax, or personal liquidity needs rather than a comment on company fundamentals.