Standex (NYSE: SXI) director adds stock via dividend reinvestment
Rhea-AI Filing Summary
STANDEX INTERNATIONAL CORP (SXI) reported that director Robin J. Davenport acquired additional common stock on August 21, 2026. The filing shows an award-type acquisition of 2.681 shares at $308.075 per share, increasing Davenport’s direct holdings to 4,710.946 SXI shares. A footnote states the shares were obtained through the company’s Dividend Reinvestment Plan, indicating automatic reinvestment of dividends rather than an open-market purchase.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 2.681 shares
Net Buy
1 txn
Insider
Davenport Robin J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2.681 | $308.075 | $825.95 |
Holdings After Transaction:
Common Stock — 4,710.946 shares (Direct)
Footnotes (1)
- F1. Represents acquisition of stock pursuant to the Company's Dividend Reinvestment Plan.
Key Figures
Shares acquired: 2.681 shares of Common Stock
Transaction price per share: $308.075 per share
Shares owned after transaction: 4,710.946 shares
+2 more
5 metrics
Shares acquired
2.681 shares of Common Stock
Award-type acquisition on August 21, 2026
Transaction price per share
$308.075 per share
Price reported for the 2.681 shares acquired
Shares owned after transaction
4,710.946 shares
Direct holdings of Robin J. Davenport after the August 21, 2026 acquisition
Transaction code
Code A
Classified as a grant, award, or other acquisition
Ownership type
Direct (D)
Nature of ownership for post-transaction holdings
Key Terms
Dividend Reinvestment Plan, Grant, award, or other acquisition, Common Stock
3 terms
Dividend Reinvestment Plan financial
"Represents acquisition of stock pursuant to the Company's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
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 transaction did Robin J. Davenport report in SXI on August 21, 2026?
Robin J. Davenport reported acquiring 2.681 shares of STANDEX INTERNATIONAL CORP (SXI) common stock on August 21, 2026 through a grant or award transaction classified as a Dividend Reinvestment Plan acquisition at a reported price of $308.075 per share.
Was the SXI insider transaction by Robin J. Davenport an open-market buy or a plan purchase?
The acquisition was made under STANDEX INTERNATIONAL CORP’s Dividend Reinvestment Plan, as noted in the footnote, meaning dividends were automatically reinvested into 2.681 shares rather than an open-market purchase.
Does the Form 4 indicate use of a Rule 10b5-1 trading plan for the SXI transaction?
No. The document-level indicator for Rule 10b5-1 plans is marked false, meaning the reported Dividend Reinvestment Plan acquisition in STANDEX INTERNATIONAL CORP (SXI) was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
