SXI Insider Filing: RSU Vesting and PSU Grant Details
Rhea-AI Filing Summary
Standex International Corp (SXI) reporting person Max Arets, VP and Chief Information Officer, filed a Form 4 disclosing equity activity on 08/22/2025 and 08/23/2025. 176 restricted stock units vested on 08/22/2025, resulting in 176 shares acquired at a deemed price of $210.48 and leaving 1,494.632 shares beneficially owned after the transaction. Also disclosed was a sale of 43 shares on 08/22/2025 to cover taxes. On 08/23/2025 the filer received grants and awards: 506 performance share units (cliff vesting at three years, 0–250% payout), 506 restricted stock units (vest one-third annually), and 684 phantom/contingent units combined (506 and 178) vesting in 2028.
Positive
- 176 RSUs vested resulting in 176 shares acquired, indicating executed compensation to align officer incentives
- 506 performance share units granted with a 0–250% payout range, aligning long-term pay with company performance
- Additional 506 RSUs and 684 phantom/contingent units granted with multi-year vesting schedules, supporting retention
Negative
- 43 shares sold on 08/22/2025 to pay taxes following vesting (reduces immediate shareholding)
Insights
TL;DR: Routine executive compensation and vesting activity with performance-based PSU grant; no material divestiture.
The Form 4 shows customary equity compensation mechanics rather than strategic insider trades. Vesting of 176 RSUs produced 176 shares and a small sale of 43 shares to cover taxes. The grant of 506 PSUs is performance-contingent (0–250% payout) over a three-year cliff, which aligns pay with multi-year performance. Additional RSU and phantom unit grants vesting over three years indicate continued retention incentives. For valuation impact, the filing lists a deemed price of $210.48 for the vested shares but contains no company guidance or material change to ownership control.
TL;DR: Compensation-focused disclosure consistent with standard governance practices; no red flags noted.
The disclosure details planned and customary equity-based awards under the 2018 Omnibus Incentive Plan and the Management Stock Purchase Plan. PSUs with performance-based multipliers and time-based RSUs are standard governance tools to align management incentives with shareholder outcomes. The filing identifies the reporting person as an officer (VP; Chief Information Officer) and shows direct beneficial ownership changes only, with no indication of indirect control or extraordinary transactions. The small tax-related sale is routine and expected following vesting events.