[Form 4] Standex International Corporation Insider Trading Activity
Rhea-AI Filing Summary
Standex International Corporation (SXI) director Robin J. Davenport reported a small acquisition of common stock on 08/21/2025 under the company’s Dividend Reinvestment Plan (DRIP). The Form 4 shows an acquisition code J(1) for 1.782 shares at a reported price of $201.538 per share, resulting in 4,059.089 shares beneficially owned following the transaction.
The filing indicates the form was filed by one reporting person and lists Davenport’s relationship to the issuer as a director. The signature block shows the form was signed by Alan J. Glass on 08/25/2025. The filer states the purchase was made pursuant to the company’s DRIP; no other transactions or derivative positions are reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director participation in DRIP slightly increases insider shareholding, no material change to ownership stake.
The reported acquisition of 1.782 shares at $201.538 under the Dividend Reinvestment Plan is routine and small relative to typical institutional holdings. The post-transaction beneficial ownership of 4,059.089 shares reflects the director’s ongoing participation but does not indicate a material shift in control or a sizable new exposure to the company. There are no derivative transactions or dispositions reported. For investors, this is a routine insider activity disclosure rather than a signal of strategic change.
TL;DR: Routine disclosure shows compliance with Section 16; DRIP acquisition is customary for directors.
The Form 4 properly discloses a DRIP-based acquisition, the reporting person’s role as a director, and the updated beneficial ownership. The use of code J(1) and explicit explanation that the shares were acquired via the company’s Dividend Reinvestment Plan aligns with standard reporting practices. There are no indications of unusual timing, related-party transactions, or simultaneous derivative activity that would raise governance concerns.