Standex (NYSE: SXI) awards CEO stock, options and RSUs in 2026 grants
Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported multiple equity-compensation transactions by President/CEO/Chairman David A. Dunbar. On August 23, 2026 he received grants under the 2018 Omnibus Incentive Plan, including 2,285 Phantom Stock Units tied to the Management Stock Purchase Plan, 7,156 Performance Share Units, 4,770 Restricted Stock Units, and a premium priced stock option for 32,600 shares at an exercise price of $341.31 per share.
On August 21, 2026 Phantom Stock Units and Restricted Stock Units vested, resulting in the conversion of 16,025 derivative units into Common Stock and a disposition of certain Phantom Stock Units to reflect a 68% performance achievement level. On the same date, an aggregate of 6,149 shares of Common Stock were delivered or withheld at $310.28 per share to pay taxes on vesting. Following these events, Dunbar also reported 88,973 shares of Common Stock held indirectly as Trustee of a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,876 shares
Net Buy
18 txns
Insider
Dunbar David A.
Role
President/CEO/Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F6 | 2,285 | -- | -- |
| Grant/Award | Phantom Stock Units F7 | 7,156 | -- | -- |
| Grant/Award | Restricted Stock Units F8 | 4,770 | -- | -- |
| Grant/Award | Stock Option F9 | 32,600 | -- | -- |
| Exercise | Phantom Stock Units F1 | 4,441 | -- | -- |
| Exercise | Phantom Stock Units F3 | 7,208 | -- | -- |
| Disposition | Phantom Stock Units F5 | 3,393 | -- | -- |
| Exercise | Restricted Stock Units F4 | 2,300 | -- | -- |
| Exercise | Restricted Stock Units F4 | 2,076 | -- | -- |
| Exercise | Common Stock F1 | 4,441 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,644 | $310.28 | $510K |
| Exercise | Common Stock F3 | 7,208 | -- | -- |
| Tax Withholding | Common Stock F2 | 2,837 | $310.28 | $880K |
| Exercise | Common Stock F4 | 2,300 | -- | -- |
| Tax Withholding | Common Stock F2 | 851 | $310.28 | $264K |
| Exercise | Common Stock F4 | 2,076 | -- | -- |
| Tax Withholding | Common Stock F2 | 817 | $310.28 | $253K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 9,441 shares (Direct);
Restricted Stock Units — 11,222 shares (Direct);
Stock Option — 32,600 shares (Direct);
Common Stock — 11,305.9759 shares (Direct);
Common Stock — 88,973 shares (Indirect, Trustee of Trust)
Footnotes (9)
- F1. Vesting of Phantom Stock pursuant to Company's Management Stock Purchase Plan.
- F2. Shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units.
- F3. 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.
- F4. Vesting of Restricted Stock Units pursuant to the Company's 2018 Omnibus Incentive Plan.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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
Premium priced stock option shares: 32,600 shares
Stock option exercise price: $341.31 per share
Phantom Stock Units contingent purchase: 2,285 units
+5 more
8 metrics
Premium priced stock option shares
32,600 shares
Stock option granted on August 23, 2026
Stock option exercise price
$341.31 per share
Premium priced stock option granted August 23, 2026
Phantom Stock Units contingent purchase
2,285 units
Contingent purchase under Management Stock Purchase Plan on August 23, 2026
Performance Share Units awarded
7,156 units
Award under 2018 Omnibus Incentive Plan on August 23, 2026
Restricted Stock Units granted
4,770 units
Grant under 2018 Omnibus Incentive Plan on August 23, 2026
Derivative units exercised
16,025 units
Phantom Stock Units and RSUs exercised/converted on August 21, 2026
Shares used for tax withholding
6,149 shares at $310.28 per share
Code F Common Stock dispositions on August 21, 2026
Indirect Common Stock holdings
88,973 shares
Common Stock held indirectly as Trustee of Trust as of August 21, 2026
Key Terms
Phantom Stock Units, Restricted Stock Units, Performance Share Units, Premium Priced Stock Option, +2 more
6 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.
Management Stock Purchase Plan financial
"Contingent Purchase of Phantom Stock of the Company pursuant to the Management Stock Purchase Plan"
2018 Omnibus Incentive Plan financial
"pursuant to the Company's 2018 Omnibus Incentive Plan."
FAQ
What new equity awards did SXI grant to CEO David A. Dunbar on August 23, 2026?
On August 23, 2026, David A. Dunbar received 2,285 Phantom Stock Units, 7,156 Performance Share Units, 4,770 Restricted Stock Units, and a premium priced stock option for 32,600 shares with an exercise price of $341.31 per share, all under Standex’s 2018 Omnibus Incentive Plan.
How many Standex (SXI) derivative units vested and converted into Common Stock?
On August 21, 2026, a total of 16,025 derivative units (Phantom Stock Units and Restricted Stock Units) vested and were reported as exercised or converted into Common Stock under Standex’s Management Stock Purchase Plan and 2018 Omnibus Incentive Plan.
What performance achievement level applied to certain Standex (SXI) Phantom Stock awards?
Certain Phantom Stock awards under Standex’s 2018 Omnibus Incentive Plan were subject to performance where actual achievement, which could have ranged from 0% to 250%, was 68%. The reported vesting and related disposition of Phantom Stock Units reflect this 68% achievement level.
What indirect Standex (SXI) holdings did David A. Dunbar report?
David A. Dunbar reported indirect ownership of 88,973 shares of Standex Common Stock in a capacity described as Trustee of Trust. This position is disclosed as an indirect holding separate from his directly held equity awards and stock.
How do the Management Stock Purchase Plan awards for SXI work for Dunbar?
Under the Management Stock Purchase Plan component of the 2018 Omnibus Incentive Plan, Dunbar reported a contingent purchase of 2,285 Phantom Stock Units that will vest three years after the date of purchase in the form of Standex Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
