Standex (SXI) VP uses 132 shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Standex International Corp executive Max Arets reported a routine tax-related share disposition. On April 8, 2026, 132 shares of common stock were forfeited at $272.83 per share to cover tax liability tied to vesting of previously issued restricted stock. After this withholding, Arets directly holds about 1,319.632 shares of Standex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arets Max
Role
VP; Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 132 | $272.83 | $36K |
Holdings After Transaction:
Common Stock — 1,319.632 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares forfeited: 132 shares
Price per share: $272.83 per share
Shares held after transaction: 1,319.632 shares
3 metrics
Shares forfeited
132 shares
Tax-withholding disposition on April 8, 2026
Price per share
$272.83 per share
Value assigned to forfeited shares
Shares held after transaction
1,319.632 shares
Direct holdings following tax withholding
Key Terms
restricted stock, tax liability, tax-withholding disposition, non-derivative
4 terms
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.
tax liability financial
"pay tax liability associated with vesting"
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.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did SXI executive Max Arets report on this Form 4?
Max Arets reported a small, routine tax-withholding disposition of Standex International common stock. On April 8, 2026, 132 shares were forfeited to satisfy tax liability arising from vesting of previously issued restricted stock, rather than sold in the open market.