PDEX Form 4: CEO Van Kirk uses 72 shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRO DEX INC (PDEX) reported an insider equity transaction by its Chief Executive Officer and Director, Richard Van Kirk. On 11/20/2025, 72 shares of common stock were disposed of at a price of $30.83 per share. After this transaction, he directly beneficially owned 99,707 shares of PRO DEX common stock.
The filing explains that these 72 shares were forfeited to pay payroll taxes related to the vesting of 200 restricted shares that were originally granted on 11/20/2024 under the company’s 2016 Equity Incentive Plan. This is a routine tax-withholding event tied to equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Van Kirk Richard Lee Jr
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 72 | $30.83 | $2K |
Holdings After Transaction:
Common Stock — 99,707 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PRO DEX INC (PDEX) report in this Form 4?
The filing reports that Chief Executive Officer and Director Richard Van Kirk disposed of 72 shares of PRO DEX common stock on 11/20/2025.
What equity plan is referenced in this PRO DEX (PDEX) Form 4 filing?
The transaction relates to restricted shares granted under PRO DEX INC's 2016 Equity Incentive Plan.
What is the relationship of the reporting person to PRO DEX INC (PDEX)?
The reporting person, Richard Van Kirk, is listed as both a Director and an Officer, serving as Chief Executive Officer of PRO DEX INC.