Standex CLO forfeits shares for tax withholding
Standex International chief legal officer Alan J. Glass reported a routine tax-withholding transaction related to vested restricted stock.
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Rhea-AI Filing Summary
Standex International chief legal officer Alan J. Glass reported a routine tax-withholding transaction related to vested restricted stock. On the event date, 204 common shares were forfeited at an implied price of $257.70 per share to cover tax liabilities. After this non-market disposition, he directly holds 22,722.945 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 204 | $257.70 | $53K |
Footnotes (1)
- F1. Shares forfeited to pay tax liability associated with imputed vesting of previously issued restricted stock.
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock financial
imputed vesting financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Standex (SXI) CLO Alan Glass report?
Was the Standex (SXI) Form 4 transaction an open-market sale?
What does transaction code "F" mean in the Standex (SXI) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.