Standex (SXI) CFO uses 1,713 shares to cover tax on restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Standex International Vice President, CFO and Treasurer Ademir Sarcevic reported a tax-related share disposition. On April 1, 2026, 1,713 shares of common stock were forfeited at $260.09 per share to cover taxes on vesting of previously issued restricted stock. After this withholding, he directly holds 7,628 shares of Standex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sarcevic Ademir
Role
Vice President/CFO/Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,713 | $260.09 | $446K |
Holdings After Transaction:
Common Stock — 7,628 shares (Direct)
Footnotes (1)
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Key Figures
Shares forfeited for taxes: 1,713 shares
Reference price per share: $260.09 per share
Shares held after transaction: 7,628 shares
3 metrics
Shares forfeited for taxes
1,713 shares
Tax-withholding disposition on April 1, 2026
Reference price per share
$260.09 per share
Value used for 1,713 forfeited shares
Shares held after transaction
7,628 shares
Direct ownership by CFO after tax withholding
Key Terms
tax-withholding disposition, restricted stock, Form 4, Common Stock
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"vesting of previously issued restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Standex (SXI) CFO Ademir Sarcevic report?
Ademir Sarcevic reported a tax-related disposition of shares. On April 1, 2026, 1,713 shares of Standex common stock were forfeited to satisfy tax obligations tied to vesting of previously issued restricted stock, rather than through an open-market sale.
What does transaction code F mean in the Standex (SXI) Form 4 filing?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 1,713 Standex common shares were forfeited to pay taxes arising from the vesting of previously issued restricted stock held by CFO Ademir Sarcevic.