Charles H. Cannon Jr. recently reported the sale of 908 shares of Standex International Corp, a significant move that reduces his direct ownership in the company. This transaction, filed with the SEC on November 5, 2026, is noteworthy as it may reflect broader trends within the Chemicals & Allied Products industry.
Cannon's sale occurred on November 4, 2026, at a price of $259.03 per share. Following this transaction, he retains ownership of 1,989 shares directly. Additionally, Cannon holds 13,046 shares indirectly as a trustee of a trust.
Background
Cannon Charles H Jr is associated with the Chemicals & Allied Products sector, identified by the SIC code 2800. His recent filing is part of a series of transactions, with the latest being a Form 4 submission. The company involved in this transaction is Standex International Corp, which operates under the SIC code 3580, focusing on refrigeration and service industry machinery.
What the Filing Says
The SEC filing indicates that Cannon sold 908 shares of common stock on November 4, 2026. The filing states, "Transaction Code: D" indicating a disposition of shares. Following this transaction, Cannon's direct ownership stands at 1,989 shares.
Impact
This transaction may affect investor perceptions of Standex International Corp, as executive selling can sometimes signal a lack of confidence in the company's future. However, it is essential to consider that such transactions can also be part of personal financial planning.
What's Next
The filing does not say what happens next.
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