Standex (NYSE: SXI) CAO logs new grants, sells shares for taxes
Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported that officer Danielle Rangel, VP & Chief Accounting Officer, had multiple equity-compensation transactions. On 2026-08-23 she received grants of 146 Restricted Stock Units and 146 Performance/Phantom Stock Units under the 2018 Omnibus Incentive Plan, with the performance award eligible to range from 0% to 250% of target over a three-year period.
On 2026-08-21, previously granted Phantom Stock Units and Restricted Stock Units vested, including 193 shares of common stock delivered upon derivative exercises. Based on a 68% achievement factor, 40 Phantom Stock Units were disposed to align the award with actual performance, and 68 shares of common stock at $310.28 per share were sold to pay taxes on the vesting. The transactions reflect compensation vesting and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 125 shares
Net Buy
13 txns
Insider
Rangel Danielle
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F5 | 146 | -- | -- |
| Grant/Award | Phantom Stock Units F6 | 146 | -- | -- |
| Exercise | Phantom Stock Units F1 | 85 | -- | -- |
| Disposition | Phantom Stock Units F4 | 40 | -- | -- |
| Exercise | Restricted Stock Units F3 | 39 | -- | -- |
| Exercise | Restricted Stock Units F3 | 69 | -- | -- |
| Exercise | Common Stock F1 | 85 | -- | -- |
| Tax Withholding | Common Stock F2 | 26 | $310.28 | $8K |
| Tax Withholding | Common Stock F2 | 12 | $310.28 | $4K |
| Exercise | Common Stock F3 | 39 | -- | -- |
| Tax Withholding | Common Stock F2 | 11 | $310.28 | $3K |
| Exercise | Common Stock F3 | 69 | -- | -- |
| Tax Withholding | Common Stock F2 | 19 | $310.28 | $6K |
Holdings After Transaction:
Phantom Stock Units — 146 shares (Direct);
Restricted Stock Units — 323 shares (Direct);
Common Stock — 333 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. Shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units.
- F3. Vesting of Restricted Stock Units pursuant to the Company's 2018 Omnibus Incentive Plan.
- F4. 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.
- 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.
Key Figures
Restricted Stock Units granted: 146 units
Performance/Phantom Stock Units awarded: 146 units
Derivative exercises: 193 shares
+4 more
7 metrics
Restricted Stock Units granted
146 units
Grant of RSUs to Danielle Rangel on 2026-08-23 under the 2018 Omnibus Incentive Plan
Performance/Phantom Stock Units awarded
146 units
Award of Performance Share/Phantom Stock Units on 2026-08-23 with 3-year performance period
Derivative exercises
193 shares
Total common shares from exercises/conversions (code M) reported in the transaction summary
Tax shares delivered or sold
68 shares
Code F transactions used to pay tax liability on vesting of equity awards
Tax-related transaction price per share
$310.2800 per share
Per-share value used for code F tax-liability transactions on SXI common stock
Performance achievement rate
68%
Actual achievement for Phantom Stock awards versus a possible 0% to 250% range
Phantom units disposed for alignment
40 units
Disposition of Phantom Stock Units to reflect 68% achievement versus 100% grant level
Key Terms
Phantom Stock Units, Restricted Stock Units, Performance Share Units, cliff vest, +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.
2018 Omnibus Incentive Plan financial
"pursuant to the Company's 2018 Omnibus Incentive Plan."
FAQ
What equity awards did SXI grant to Danielle Rangel in this Form 4?
Danielle Rangel received a grant of 146 Restricted Stock Units and an award of 146 Performance/Phantom Stock Units in Standex’s 2018 Omnibus Incentive Plan on 2026-08-23. The performance award can ultimately range from 0% to 250% of target based on three-year metrics.
What vested for Danielle Rangel of SXI on 2026-08-21?
On 2026-08-21, previously granted Phantom Stock Units and Restricted Stock Units under SXI’s 2018 Omnibus Incentive Plan vested, resulting in delivery of 193 shares of common stock through derivative exercises and conversions tied to those awards.
How was performance measured for SXI’s Phantom Stock Units in this filing?
For the Phantom Stock Units that vested, Standex reports that actual achievement was 68% of target, within a possible range of 0% to 250%. A portion of units was disposed so that the final vested award matched the 68% performance outcome.
Are the SXI transactions open-market buys or sells?
No. The filing shows grants, vestings, derivative exercises, and shares sold or withheld to pay taxes. The code F transactions and related footnote state the shares were used to satisfy tax liabilities on vesting, not discretionary open-market trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.
