STOCK TITAN

SXI (NYSE) affiliate reports 50-share dispositions; Thomas Chorman sales noted

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SXI filed a Form 144 notice reporting planned or recent transfers of common stock by an affiliate and a prior restricted stock vesting.

The filing lists a Restricted Stock Vesting of 50 shares on 10/26/2024 received as compensation. It also reports three reported dispositions by Thomas Chorman: 50 shares on 04/01/2026 for $12,897.00, 50 shares on 05/01/2026 for $13,421.50, and 50 shares on 06/01/2026 for $13,641.00. The notice names Fidelity Brokerage Services LLC and references 50 shares with an aggregate value of $17,775.50 and an identifier 12114922 dated 07/01/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 records small, serial dispositions by an affiliate and a previously vested compensation award.

The filing lists a restricted stock vesting of 50 shares on 10/26/2024 as compensation, and three reported transfers by Thomas Chorman of 50 shares each on 04/01/2026, 05/01/2026, and 06/01/2026 with stated proceeds. These line items reflect routine affiliate dispositions and a prior compensation vesting event.

Compliance implications depend on whether the sales meet Rule 144 conditions (holding period, volume limits); the filing itself records the proposed or reported transactions but does not state compliance status or method. Subsequent public filings would show if any further disposition or Rule 144 reliance is declared.

Restricted stock vested 50 shares Vesting date <date>10/26/2024</date> as compensation
Disposition - Apr 1 2026 50 shares Proceeds <money>$12,897.00</money> on <date>04/01/2026</date>
Disposition - May 1 2026 50 shares Proceeds <money>$13,421.50</money> on <date>05/01/2026</date>
Disposition - Jun 1 2026 50 shares Proceeds <money>$13,641.00</money> on <date>06/01/2026</date>
Brokerage reference 50 shares / $17,775.50 Fidelity Brokerage Services LLC entry dated <date>07/01/2026</date>
Restricted Stock Vesting financial
"Restricted Stock Vesting | Issuer | 50 | 10/26/2024"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Fidelity Brokerage Services LLC other
"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"
Form 144 regulatory
"form_type: 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does SXI's Form 144 show about restricted stock vesting?

It reports a Restricted Stock Vesting of 50 shares on 10/26/2024 listed as compensation. This entry documents issuance from prior awards rather than an open-market purchase or sale.

Which insider transactions are reported in the SXI Form 144?

The filing lists three dispositions by Thomas Chorman: 50 shares on 04/01/2026 for $12,897.00, 50 shares on 05/01/2026 for $13,421.50, and 50 shares on 06/01/2026 for $13,641.00.

Does the Form 144 indicate who holds the shares for sale?

The notice names Fidelity Brokerage Services LLC with 50 shares and an aggregate value of $17,775.50 dated 07/01/2026. The entry identifies the broker/dealer associated with the securities.

Do these Form 144 entries confirm Rule 144 compliance for SXI?

The filing records proposed or reported transfers and vesting; it does not state whether the transactions satisfy all Rule 144 conditions. Compliance details are not provided in the excerpt.

How large are the reported transactions relative to a single trade?

Each reported transaction by Thomas Chorman involves 50 shares with proceeds between $12,897.00 and $13,641.00. These are small, individual dispositions in absolute terms.