Standex (NYSE: SXI) awards VP CIO options and stock units
Rhea-AI Filing Summary
Standex International Corp (SXI) reported multiple equity-related transactions by VP and Chief Information Officer Max Arets. On August 23, 2026 he received 382 Restricted Stock Units, 382 Performance Share Units as Phantom Stock Units that cliff vest after a three‑year performance period, an additional 172 Phantom Stock Units vesting after three years, and a premium priced stock option for 2,090 shares at $341.31 per share that vests over four years. On August 21, 2026 previously granted Restricted Stock Units totaling 176 and 168 units vested and converted into the same number of Common shares, with 41 and 43 shares withheld at $310.28 per share to pay taxes. That day he also acquired small fractional Common share amounts (1.402 and 0.07 shares) through the company’s Dividend Reinvestment Plan.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 261.472 shares
Net Buy
12 txns
Insider
Arets Max
Role
VP; Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F4 | 172 | -- | -- |
| Grant/Award | Restricted Stock Units F5 | 382 | -- | -- |
| Grant/Award | Phantom Stock Units F6 | 382 | -- | -- |
| Grant/Award | Stock Option F7 | 2,090 | -- | -- |
| Exercise | Restricted Stock Units F2 | 176 | -- | -- |
| Exercise | Restricted Stock Units F2 | 168 | -- | -- |
| Grant/Award | Common Stock F1 | 1.402 | $308.153 | $432.03 |
| Grant/Award | Common Stock F1 | 0.07 | $308.429 | $21.59 |
| Exercise | Common Stock F2 | 176 | -- | -- |
| Exercise | Common Stock F2 | 168 | -- | -- |
| Tax Withholding | Common Stock F3 | 41 | $310.28 | $13K |
| Tax Withholding | Common Stock F3 | 43 | $310.28 | $13K |
Holdings After Transaction:
Restricted Stock Units — 896 shares (Direct);
Phantom Stock Units — 554 shares (Direct);
Stock Option — 2,090 shares (Direct);
Common Stock — 1,595.66 shares (Direct)
Footnotes (7)
- F1. Represents acquisition of stock pursuant to Company's Dividend Reinvestment Plan.
- F2. Vesting of Restricted Stock Units pursuant to the Company's 2018 Omnibus Incentive Plan.
- F3. Shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units.
- F4. Contingent Purchase of Phantom Stock of the Company pursuant to the Management Stock Purchase Plan component of the 2018 Omnibus Incentive Plan vesting three years after the date of purchase in the form of Common Stock.
- F5. 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.
- 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. 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
RSUs Granted: 382 units
Phantom Stock Units Granted: 172 units
Performance Share Units Granted: 382 units
+4 more
7 metrics
RSUs Granted
382 units
Restricted Stock Units granted on August 23, 2026
Phantom Stock Units Granted
172 units
Contingent purchase vesting three years after August 23, 2026
Performance Share Units Granted
382 units
Award of Performance Share Units as Phantom Stock Units on August 23, 2026
Stock Option Shares
2,090 shares at $341.31 per share
Premium priced stock option granted August 23, 2026
RSUs Exercised
176 units and 168 units
Restricted Stock Units converted into Common Stock on August 21, 2026
Shares Withheld for Taxes
41 shares and 43 shares at $310.28 per share
Common shares withheld to pay taxes on vesting on August 21, 2026
Dividend Reinvestment Plan Purchases
1.402 shares at $308.153 and 0.07 shares at $308.429
Common Stock acquired under Dividend Reinvestment Plan on August 21, 2026
Key Terms
Dividend Reinvestment Plan, Restricted Stock Units, Performance Share Units, Management Stock Purchase Plan, +2 more
6 terms
Dividend Reinvestment Plan financial
"Represents acquisition of stock pursuant to Company's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
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.
Management Stock Purchase Plan financial
"Contingent Purchase of Phantom Stock of the Company pursuant to the Management Stock Purchase Plan"
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 Max Arets receive from SXI on August 23, 2026?
On August 23, 2026 Max Arets received 382 RSUs, 382 Performance Share Units as Phantom Stock Units, 172 additional Phantom Stock Units, and a stock option for 2,090 shares at $341.31 per share, all under Standex’s 2018 Omnibus Incentive Plan.
How many Standex (SXI) Restricted Stock Units vested for Max Arets on August 21, 2026?
On August 21, 2026, previously granted Restricted Stock Units of 176 units and 168 units vested for Max Arets, converting into the same numbers of Standex Common Stock shares under the company’s 2018 Omnibus Incentive Plan.
What are the terms of Max Arets’ new Standex (SXI) stock option?
Max Arets received a premium priced stock option for 2,090 shares at $341.31 per share, 10% above the closing market price on the grant date. The option vests 25% per year over four years and expires ten years from the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
