Pro-Dex insider forfeits 72 shares, receives 1,000 restricted
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 72 | $30.83 | $2K |
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Footnotes (1)
- These shares were forfeited to pay payroll taxes related to the vesting of 200 restricted shares granted on 11/20/24 under the Issuer's 2016 Equity Incentive Plan. Grant of restricted shares under the Issuer's 2016 Equity Incentive Plan. The shares vest in equal installments over the five years following the date of grant, subject to the Reporting Person's continued service to Pro-Dex, Inc. over the applicable vesting period.
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.
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.