IDEX (IEX) CFO receives new stock options and restricted share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gillen Sean M. reported acquisition or exercise transactions in this Form 4 filing.
IDEX CORP reported that its SVP and Chief Financial Officer, Sean M. Gillen, received new equity awards. He was granted 10,160 options to buy common stock and 2,410 restricted shares on February 19, 2026. The restricted shares vest in three substantially equal annual installments beginning February 19, 2027, conditioned on his continued service. The stock options vest in four substantially equal annual installments starting on the same date, also subject to his continuous employment. These awards increase his direct equity stake in the company and are designed to align his compensation with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gillen Sean M.
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | OPTIONS (RIGHT TO BUY) | 10,160 | $0.00 | -- |
| Grant/Award | COMMON STOCK | 2,410 | $0.00 | -- |
Holdings After Transaction:
OPTIONS (RIGHT TO BUY) — 10,160 shares (Direct);
COMMON STOCK — 19,005 shares (Direct)
Footnotes (1)
- Represents an award of restricted shares, which vest in three substantially equal annual installments beginning February 19, 2027, subject to the Reporting Person's continuous service through each such date. This option will vest in four substantially equal annual installments beginning February 19, 2027, subject to the Reporting Person's continuous service through each such date.
FAQ
What did IDEX (IEX) CFO Sean M. Gillen report on this Form 4?
Sean M. Gillen reported equity awards from IDEX, not open-market trades. He received 10,160 stock options and 2,410 restricted shares, both granted on February 19, 2026, as part of his executive compensation package.
How many stock options did the IDEX (IEX) CFO receive?
The CFO received 10,160 options to buy IDEX common stock. These options vest in four substantially equal annual installments beginning February 19, 2027, and each installment is contingent on his continuous service with the company through the applicable vesting date.
What restricted stock did the IDEX (IEX) CFO acquire in this filing?
He acquired an award of 2,410 restricted shares of IDEX common stock. These restricted shares vest in three substantially equal annual installments starting February 19, 2027, provided he remains continuously employed through each scheduled vesting date.
Are the IDEX (IEX) equity awards to the CFO immediately vested?
No, the awards are time-vested. The restricted shares vest over three years, while the stock options vest over four years, with vesting beginning on February 19, 2027, subject to Sean M. Gillen’s continuous service at IDEX.