Director Thomas Chorman sells 50 Standex (SXI) shares in 10b5-1 trade
Rhea-AI Filing Summary
Standex International director Thomas E. Chorman sold 50 shares of Common Stock on August 3, 2026 at $305.56 per share in an open-market or private transaction. Following the sale, he directly holds 12,366 shares. The trade was executed under a Rule 10b5-1 trading plan dated November 6, 2025.
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Insider Trade Summary 10b5-1
Net Seller: 50 shares
Net Sell
1 txn
Insider
CHORMAN THOMAS E
Role
Director
Sold
50 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 50 | $305.56 | $15K |
Holdings After Transaction:
Common Stock — 12,366 shares (Direct)
Footnotes (1)
- F1. Sale of stock pursuant to existing 10b5-1 trading plan dated November 6, 2025.
Key Figures
Shares sold: 50 shares
Sale price per share: $305.56
Shares held after sale: 12,366 shares
+1 more
4 metrics
Shares sold
50 shares
Common Stock sale on August 3, 2026
Sale price per share
$305.56
Price per share for the 50-share sale on August 3, 2026
Shares held after sale
12,366 shares
Direct Common Stock holdings following the reported transaction
Net shares sold
50 shares
Net share change across all transactions reported in this insider report
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"Sale of stock pursuant to existing 10b5-1 trading plan dated November 6, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction regulatory
"Transaction described as a sale in open market or private transaction"
Common Stock financial
"Security title listed as Common Stock for this insider transaction"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Standex (SXI) director Thomas E. Chorman report?
Thomas E. Chorman reported selling 50 shares of Standex common stock on August 3, 2026 at $305.56 per share. The sale was described as an open-market or private transaction and executed under a pre-arranged Rule 10b5-1 trading plan dated November 6, 2025.
Was the recent SXI insider sale by Thomas E. Chorman made under a Rule 10b5-1 plan?
Yes. The reported sale of 50 shares of Standex Common Stock was executed pursuant to an existing Rule 10b5-1 trading plan dated November 6, 2025. Such plans pre-arrange trades, reducing the significance of trade timing for interpreting insider sentiment.
Does the latest SXI insider report from Thomas E. Chorman show any derivative or option activity?
The report lists a single transaction: a sale of 50 shares of Standex Common Stock. It does not report any derivative or option exercises in this instance, focusing solely on the common stock sale and the resulting direct share holdings.