Domingo Angelita Rebamontan 4
Research Summary
AI-generated summary
Pro-Dex (PDEX) Director Domingo Rebamontan Receives Award
What Happened
- Domingo Angelita Rebamontan, a director of Pro‑Dex, Inc. (PDEX), was issued 6,800 shares as a performance-based award on 2026-07-01 (grant recorded at $0.00). To satisfy tax withholding on the award, 2,488 shares were withheld/disposed at an implied price of $62.74 per share, totaling $156,097.
Key Details
- Transaction date: 2026-07-01 (Form filed 2026-07-06).
- Award: 6,800 shares issued under the Pro‑Dex, Inc. 2016 Equity Incentive Plan (footnote F1).
- Tax withholding: 2,488 shares withheld to satisfy tax obligations (coded F; footnote F2); withheld value = $156,097 (2,488 × $62.74).
- Shares owned after transaction: not disclosed on this Form 4.
- Transaction codes: A = Award/Grant; F = Tax withholding (not an open-market sale).
Context
- This was a compensation issuance (performance award), not an open-market purchase or sale of previously held shares. The withholding of shares to cover taxes is a routine administrative step and does not necessarily signal insider sentiment about the stock.