Standex (NYSE: SXI) gives CFO new stock, option package
Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported multiple equity compensation and vesting events for Vice President/CFO/Treasurer Ademir Sarcevic. On 2026-08-23 he received awards of 1,933 Performance Share Units, 1,933 Restricted Stock Units, and 10,571 stock options with a $341.31 premium exercise price, all tied to the company’s 2018 Omnibus Incentive Plan. On 2026-08-21 various Phantom Stock Units and RSUs vested and were converted into a total of 4,077 shares of Common Stock, while 798 Phantom Stock Units were disposed of to true-up actual performance of 68% versus a 0–250% range. To cover tax liabilities on these vestings, 1,919 shares of Common Stock were delivered or withheld at $310.28 per share.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 2,158 shares
Net Buy
17 txns
Insider
Sarcevic Ademir
Role
Vice President/CFO/Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F6 | 1,933 | -- | -- |
| Grant/Award | Restricted Stock Units F7 | 1,933 | -- | -- |
| Grant/Award | Stock Option F8 | 10,571 | -- | -- |
| Exercise | Phantom Stock Units F1 | 602 | -- | -- |
| Exercise | Phantom Stock Units F3 | 1,693 | -- | -- |
| Disposition | Phantom Stock Units F5 | 798 | -- | -- |
| Exercise | Restricted Stock Units F4 | 952 | -- | -- |
| Exercise | Restricted Stock Units F4 | 830 | -- | -- |
| Exercise | Common Stock F1 | 602 | -- | -- |
| Tax Withholding | Common Stock F2 | 223 | $310.28 | $69K |
| Exercise | Common Stock F3 | 1,693 | -- | -- |
| Tax Withholding | Common Stock F2 | 667 | $310.28 | $207K |
| Tax Withholding | Common Stock F2 | 327 | $310.28 | $101K |
| Exercise | Common Stock F4 | 952 | -- | -- |
| Tax Withholding | Common Stock F2 | 375 | $310.28 | $116K |
| Exercise | Common Stock F4 | 830 | -- | -- |
| Tax Withholding | Common Stock F2 | 327 | $310.28 | $101K |
Holdings After Transaction:
Phantom Stock Units — 1,933 shares (Direct);
Restricted Stock Units — 4,545 shares (Direct);
Stock Option — 10,571 shares (Direct);
Common Stock — 9,786 shares (Direct)
Footnotes (8)
- F1. Vesting of Phantom Stock pursuant to Company's Management Stock Purchase Plan.
- F2. Shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units.
- F3. Vesting of Phantom Stock pursuant to the Company's 2018 Omnibus Incentive Plan. Actual achievement, which could have ranged from 0% to 250% of the award, was 68%. The transaction reported herein is the actual number of shares vesting pursuant thereto.
- F4. Vesting of Restricted Stock Units pursuant to the Company's 2018 Omnibus Incentive Plan.
- F5. Vesting of Phantom Stock pursuant to the Company's 2018 Omnibus Incentive Plan. Actual achievement, which could have ranged from 0% to 250% of the award, was 68%. Phantom Stock Units were granted at 100% achievement, so this transaction reflects the disposition of shares to accurately reflect the vesting.
- F6. 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.
- F7. 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.
- F8. 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.
Key Figures
Performance Share Units granted: 1,933 units
Restricted Stock Units granted: 1,933 units
Stock options granted: 10,571 options
+5 more
8 metrics
Performance Share Units granted
1,933 units
Award on 2026-08-23 under 2018 Omnibus Incentive Plan
Restricted Stock Units granted
1,933 units
Grant on 2026-08-23 under 2018 Omnibus Incentive Plan
Stock options granted
10,571 options
Grant on 2026-08-23 to purchase Common Stock
Stock option exercise price
$341.31 per share
Premium Priced Stock Option, 10% above closing market price on grant date
Common Stock from derivative exercises
4,077 shares
Total shares from exercises/conversions on 2026-08-21
Shares for tax liabilities
1,919 shares at $310.28 per share
Common Stock delivered or withheld to pay tax on vesting
Phantom Stock Units disposed
798 units
Disposition to reflect 68% achievement versus 0–250% range
Actual performance achievement
68%
Payout level for certain Phantom Stock awards under 2018 Omnibus Incentive Plan
Key Terms
Phantom Stock Units, Restricted Stock Units, Performance Share Units, Premium Priced Stock Option, +1 more
5 terms
Phantom Stock Units financial
"Vesting of Phantom Stock pursuant to the Company's 2018 Omnibus Incentive Plan."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Restricted Stock Units financial
"Vesting of Restricted Stock Units pursuant to the Company's 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.
FAQ
What equity awards did SXI grant to CFO Ademir Sarcevic on 2026-08-23?
On 2026-08-23, Ademir Sarcevic received 1,933 Performance Share Units, 1,933 Restricted Stock Units, and 10,571 stock options with an exercise price of $341.31 per share, all granted under Standex International’s 2018 Omnibus Incentive Plan.
What performance level was achieved for Sarcevic’s Standex (SXI) performance awards?
For certain Phantom Stock awards tied to Standex’s 2018 Omnibus Incentive Plan, the company reported 68% actual achievement versus a potential 0% to 250% payout range, and the transactions reflect vesting and dispositions aligned with that result.
What are the key terms of Sarcevic’s new Standex (SXI) stock option grant?
Ademir Sarcevic’s new option covers 10,571 shares of Standex Common Stock at an exercise price of $341.31 per share. It is a Premium Priced Stock Option, set 10% above the closing market price on the grant date, vesting 25% per year over four years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
