David A. Dunbar - Apr 3, 2023 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Signature
/s/ Alan J. Glass
Stock symbol
SXI
Transactions as of
Apr 3, 2023
Transactions value $
-$602,900
Form type
4
Date filed
4/4/2023, 08:25 PM
Previous filing
Feb 2, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Sale -$603K -5K -17.46% $120.58 23.6K Apr 3, 2023 Trustee of Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of stock pursuant to an existing 10b5-1 trading plan.
F2 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $120.00 to $122.66, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Corporation or any security holder of the Corporation, upon request, full information regarding the number of shares sold at each separate price.