Pro-Dex Inc (PDEX) awards director 6,800 shares; 2,488 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRO DEX INC director Angelita Rebamontan reported routine equity compensation activity. On a grant/award basis, she acquired 6,800 shares of Common Stock at $0.00 per share under a performance award agreement pursuant to the Pro-Dex, Inc. 2016 Equity Incentive Plan.
On the same date, 2,488 shares were disposed of at $62.74 per share to satisfy her tax withholding obligations, a non-market tax-withholding transaction. After these entries, she directly holds 22,265 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Domingo Angelita Rebamontan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,800 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,488 | $62.74 | $156K |
Holdings After Transaction:
Common Stock — 22,265 shares (Direct, null)
Footnotes (1)
- Represents shares issued under a performance award agreement previously granted to the reporting person, pursuant to the Pro-Dex, Inc. 2016 Equity Incentive Plan. Represents shares withheld to satisfy tax withholding obligations of the reporting person.
Key Figures
Shares granted: 6,800 shares
Grant price: $0.00 per share
Shares withheld for taxes: 2,488 shares
+3 more
6 metrics
Shares granted
6,800 shares
Common Stock grant under performance award agreement
Grant price
$0.00 per share
Price for 6,800-share performance award grant
Shares withheld for taxes
2,488 shares
Tax withholding disposition related to equity award
Tax withholding price
$62.74 per share
Reported price for 2,488-share tax-withholding disposition
Shares after grant entry
22,265 shares
Total Common Stock directly held after grant transaction
Shares after tax entry
19,777 shares
Total Common Stock directly held after tax-withholding disposition
Key Terms
performance award agreement, Pro-Dex, Inc. 2016 Equity Incentive Plan, tax withholding obligations, Common Stock
4 terms
performance award agreement financial
"Represents shares issued under a performance award agreement previously granted to the reporting person"
Pro-Dex, Inc. 2016 Equity Incentive Plan financial
"pursuant to the Pro-Dex, Inc. 2016 Equity Incentive Plan"
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations of the reporting person"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transactions did Pro-Dex (PDEX) director Angelita Rebamontan report?
Angelita Rebamontan reported a grant of 6,800 Pro-Dex Common Stock shares and a related disposition of 2,488 shares. The disposition covered tax withholding obligations linked to the award, rather than an open-market sale of shares.
Does this Pro-Dex (PDEX) Form 4 show any open-market buying or selling?
No open-market purchases or sales are reported. The filing shows an equity grant of 6,800 shares and a related 2,488-share tax-withholding disposition, both routine compensation-related entries rather than discretionary trades in the open market.