[Form 4] PRO DEX INC Insider Trading Activity
Pro-Dex, Inc. (PDEX) director equity activity shows a small tax-related share forfeiture and a new restricted stock grant. On 11/20/2025, the reporting director forfeited 72 shares of common stock at a price of $30.83 to cover payroll taxes tied to the vesting of 200 restricted shares that were granted on 11/20/2024 under Pro-Dex's 2016 Equity Incentive Plan. On the same date, the director received a grant of 1,000 restricted common shares for no cash payment, also under the 2016 Equity Incentive Plan. These restricted shares vest in equal installments over five years, contingent on continued service with Pro-Dex. After these transactions, the director beneficially owned 15,447 common shares, held directly.
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FAQ
What insider transaction did Pro-Dex (PDEX) report on this Form 4?
The filing reports that a Pro-Dex director forfeited 72 common shares to cover payroll taxes on vesting restricted stock and received a new grant of 1,000 restricted shares on 11/20/2025.
How many Pro-Dex (PDEX) shares does the director own after the reported transactions?
After the reported Form 4 transactions, the director beneficially owned 15,447 shares of Pro-Dex common stock, held directly.
Why were 72 Pro-Dex (PDEX) shares forfeited by the director?
The 72 shares were forfeited to pay payroll taxes related to the vesting of 200 restricted shares that were granted on 11/20/2024 under Pro-Dex's 2016 Equity Incentive Plan.
What are the terms of the 1,000 restricted Pro-Dex (PDEX) shares granted?
The 1,000 restricted shares were granted under Pro-Dex's 2016 Equity Incentive Plan and vest in equal installments over five years, subject to the director's continued service to Pro-Dex.
Did the Pro-Dex (PDEX) director pay cash for the 1,000 restricted shares?
No cash was paid for the grant; the 1,000 restricted shares were reported with a price of $0.00, reflecting a compensatory equity award rather than a market purchase.
What is the director's relationship to Pro-Dex (PDEX) as reported in this Form 4?
The filing identifies the reporting person as a director of Pro-Dex, Inc., filing individually as one reporting person.