Standex (NYSE: SXI) director granted 143 phantom stock units
Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported that director Barbara Joanne Edwards acquired 143 Phantom Stock Units on August 23, 2026. These units were granted under the Management Stock Purchase Plan component of the 2018 Omnibus Incentive Plan and are scheduled to vest three years after the purchase, in the form of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edwards Barbara Joanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1 | 143 | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 143 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Phantom Stock Units acquired: 143.0000 units
Phantom Stock Units held after transaction: 143.0000 units
Exercise/vesting date: 2029-08-23
+1 more
4 metrics
Phantom Stock Units acquired
143.0000 units
Grant/award acquisition on August 23, 2026
Phantom Stock Units held after transaction
143.0000 units
Total direct derivative holdings following the reported transaction
Exercise/vesting date
2029-08-23
Exercise and expiration date for the Phantom Stock Units, vesting three years after purchase
Underlying Common Stock shares
143.0000 shares
Number of SXI Common Stock shares underlying the Phantom Stock Units
Key Terms
Phantom Stock Units, Management Stock Purchase Plan, 2018 Omnibus Incentive Plan
3 terms
Phantom Stock Units financial
"security_title: "Phantom Stock Units""
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.
Management Stock Purchase Plan financial
"pursuant to the Management Stock Purchase Plan component of the 2018"
2018 Omnibus Incentive Plan financial
"component of the 2018 Omnibus Incentive Plan vesting three years after"
FAQ
What insider transaction did SXI director Barbara Joanne Edwards report?
Barbara Joanne Edwards reported the acquisition of 143 Phantom Stock Units on August 23, 2026, as a grant or award under the Management Stock Purchase Plan component of the 2018 Omnibus Incentive Plan, settling in Common Stock after vesting.
What type of security did Barbara Joanne Edwards acquire from SXI?
She acquired Phantom Stock Units, each linked to an equivalent number of shares of SXI Common Stock. The filing states that the units will vest and be settled in Common Stock three years after the date of purchase.
How many SXI Phantom Stock Units does Barbara Joanne Edwards hold after this transaction?
After this reported transaction, Barbara Joanne Edwards holds 143 Phantom Stock Units directly, according to the post-transaction holdings figure in the filing.
When do the newly acquired SXI Phantom Stock Units vest?
The Phantom Stock Units vest three years after the date of purchase. For this grant dated August 23, 2026, the vesting is scheduled three years later and will be settled in shares of SXI Common Stock.
Was the SXI insider transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The transaction is described instead as a contingent purchase of Phantom Stock pursuant to the company’s Management Stock Purchase Plan under the 2018 Omnibus Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.