Standex (NYSE: SXI) CLO receives premium-priced options
Rhea-AI Filing Summary
Standex International Corp (SXI) reported equity awards to officer Richard Colby Slaughter, its CLO, VP and Secretary. On 2026-08-23 he received 1,049 Restricted Stock Units that vest one-third each year on the award’s anniversaries, leaving him with 1,049 RSUs reported as outstanding.
He also received 1,049 Performance/Phantom Stock Units that cliff vest after a three-year performance period, with the payout ranging from 0% to 250% of the award based on company performance metrics, for 1,049 such units reported as held. In addition, he was granted a premium priced stock option for 5,734 shares of common stock, with an exercise price set at 10% above the closing market price on the grant date, vesting 25% per year over four years and expiring ten years from grant, with 5,734 options reported as held.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Slaughter Richard Colby
Role
CLO, VP and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 1,049 | -- | -- |
| Grant/Award | Phantom Stock Units F2 | 1,049 | -- | -- |
| Grant/Award | Stock Option F3 | 5,734 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,049 shares (Direct);
Phantom Stock Units — 1,049 shares (Direct);
Stock Option — 5,734 shares (Direct)
Footnotes (3)
- F1. Grant of Restricted Stock Units pursuant to the 2018 Omnibus Incentive Plan of the Company which vests one-third per year on each anniversary of the date of the award.
- F2. Award of Performance Share Units pursuant to the 2018 Omnibus Incentive Plan of the Company. These shares cliff vest at the end of a three year performance period with the ultimate number of shares ranging from 0 to 250% of the award based on achievement against Company performance metrics of the three year period.
- F3. Premium Priced Stock Option with exercise price 10% above the closing market price on the date of grant. Option vests 25% per year on each anniversary of the date of the award for four years. This option expires ten years from the date of grant.
Key Figures
Restricted Stock Units granted: 1,049 units
Performance/Phantom Stock Units granted: 1,049 units
Performance share payout range: 0% to 250%
+5 more
8 metrics
Restricted Stock Units granted
1,049 units
Grant to Richard Colby Slaughter on 2026-08-23; one-third vests each year
Performance/Phantom Stock Units granted
1,049 units
Three-year performance period; payout can be 0%–250% of award
Performance share payout range
0% to 250%
Range of ultimate shares for three-year performance share award
Stock options granted
5,734 options
Premium priced option to buy common stock granted 2026-08-23
Option exercise price premium
10% above closing market price
Exercise price set at 10% above the grant date closing price
RSU vesting schedule
One-third per year
RSUs vest on each anniversary of the award date
Option vesting schedule
25% per year for four years
Premium priced stock option vesting pattern
Option term
10 years
Premium priced stock option expires ten years from grant
Key Terms
Restricted Stock Units, Performance Share Units, Premium Priced Stock Option, cliff vest, +1 more
5 terms
Restricted Stock Units financial
"Grant of Restricted Stock Units pursuant to the 2018 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cliff vest financial
"These shares cliff vest at the end of a three year performance period"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
2018 Omnibus Incentive Plan financial
"pursuant to the 2018 Omnibus Incentive Plan of the Company"
FAQ
What equity awards did SXI grant to Richard Colby Slaughter on August 23, 2026?
On 2026-08-23, Richard Colby Slaughter received 1,049 Restricted Stock Units, 1,049 Performance/Phantom Stock Units, and a stock option for 5,734 shares of Standex International common stock, all reported as directly held derivative securities.
How do the new SXI Restricted Stock Units for Richard Colby Slaughter vest?
The 1,049 Restricted Stock Units granted under Standex’s 2018 Omnibus Incentive Plan vest one-third per year on each anniversary of the award date, until fully vested. All 1,049 RSUs are reported as outstanding to Richard Colby Slaughter.
What are the terms of the SXI Performance/Phantom Stock Units granted to Richard Colby Slaughter?
The 1,049 Performance/Phantom Stock Units cliff vest at the end of a three-year performance period. The ultimate shares earned can range from 0% to 250% of the original award, depending on Standex’s performance metrics over that three-year period.
What are the vesting and price features of the new SXI stock option for Richard Colby Slaughter?
The new stock option covers 5,734 shares of Standex common stock with an exercise price 10% above the closing market price on the grant date. It vests 25% per year on each anniversary for four years and expires ten years from the grant date.
How many SXI derivative securities does Richard Colby Slaughter hold after these grants?
After these grants, Richard Colby Slaughter is reported as holding 1,049 Restricted Stock Units, 1,049 Performance/Phantom Stock Units, and a stock option for 5,734 shares of Standex International common stock, all shown as directly owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
