Standex director granted 286 phantom stock units
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Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported that director Charles H. Cannon Jr. acquired 286 Phantom Stock Units as a grant classified as a “grant, award, or other acquisition.” These units are tied to 286 shares of Common Stock and are scheduled to vest three years after the purchase date under the company’s Management Stock Purchase Plan component of the 2018 Omnibus Incentive Plan. Following this award, Cannon’s directly held Phantom Stock Units position reported in this filing is 286 units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1 | 286 | -- | -- |
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
Key Terms
Phantom Stock Units financial
Management Stock Purchase Plan financial
2018 Omnibus Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SXI disclose for Charles H. Cannon Jr.?
How many SXI Phantom Stock Units were granted in this Form 4 filing?
When do the SXI Phantom Stock Units for Charles H. Cannon Jr. vest or settle?
What is the underlying security for the SXI Phantom Stock Units in this Form 4?
Is the SXI transaction reported as part of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.