David A. Dunbar - 15 Feb 2024 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Signature
/s/ Alan J. Glass
Issuer symbol
SXI
Transactions as of
15 Feb 2024
Net transactions value
-$825,000
Form type
4
Filing time
16 Feb 2024, 14:49:46 UTC
Previous filing
23 Jan 2024
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Sale $825,000 -5,000 -7.4% $165.00 62,233 15 Feb 2024 Trustee of Trust F1
holding SXI Common Stock 14,520 15 Feb 2024 Direct
* 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 adopted on August 31, 2023.