Standex (SXI) director sells 50 shares under pre-set Rule 10b5-1 plan
Rhea-AI Filing Summary
Standex International director Thomas E. Chorman reported a small open-market sale of 50 shares of Common Stock. The shares were sold at an average price of $355.51 per share. After this transaction, he directly holds 12,416 shares. The sale was executed under an existing Rule 10b5-1 trading plan dated November 6, 2025, indicating it was pre-arranged rather than a discretionary trade.
Positive
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Negative
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Insights
Pre-planned, small open-market sale with substantial holdings remaining.
Director Thomas E. Chorman sold 50 shares of Standex International common stock at $355.51 per share in an open-market transaction. Following the sale, he directly holds 12,416 shares, which indicates he retains a meaningful equity position.
The filing notes the trade was made pursuant to an existing Rule 10b5-1 trading plan dated November 6, 2025. Such plans schedule trades in advance, reducing the informational value of the timing. With only one small sale and no derivative exercises or restructurings, this looks like routine portfolio management rather than a thesis-changing move.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50 | $355.51 | $18K |
Footnotes (1)
- F1. Sale of stock pursuant to existing 10b5-1 trading plan dated November 6, 2025.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Form 4 regulatory
Common Stock financial
FAQ
What did Standex International (SXI) director Thomas E. Chorman do in this Form 4 filing?
Was the SXI insider sale by Thomas E. Chorman part of a Rule 10b5-1 plan?
Does the Standex International Form 4 show any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.