Does STANDEX INTERNATIONAL CORPORATION have an economic moat?

Based on its FY2026 SEC filings, the Moat Index scores STANDEX INTERNATIONAL CORPORATION (SXI) 60.7 out of 100 — a Narrow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 80, pricing power 61, returns on capital 31, balance-sheet safety 46, capital allocation 86.

Is SXI trading below the conservative owner-earnings estimate?

The value if growth stopped today — a zero-growth baseline — is $74.59 per share. It capitalizes normalized owner earnings at a 9% rate and assumes 0% growth. Versus a recent price of $266.70, that is 258% above value if growth stopped today. The model also publishes a capped-growth comparison, but the zero-growth estimate is the cautious baseline. It assumes trailing owner earnings persist and is unreliable for declining businesses. This is an educational estimate from primary SEC filings, not intrinsic value as a fact or investment advice.

How has SXI's Moat Score changed over time?

The record logs 29 readings since Jul 17, 2026; the latest reads 60.7 out of 100 (narrow moat). Tier changes so far: Shallow moat → Narrow moat on Sep 4, 2026. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.

STANDEX INTERNATIONAL CORPORATION

SXI · Industrials · $3.2B mkt cap · FY2026 filings · as of Oct 16, 2026 · Narrow moat ·

On the watchlist

Narrow moat

The five investor questions

2022–2026 (latest 5 aligned FYs; v3 window cap 5): revenue $735M to $892M, increasing; diluted EPS 5.06 to 8.67, increasing.

Median gross margin 37.4% over 10y, very stable.

Median ROIC 9.8%, above the 12% hurdle in 30% of years.

Net debt/EBITDA 1.5x, interest coverage 6x.

Owner earnings changed +10.9%/yr over up to the ten most recent annual observations.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today

258% above value if growth stopped today

: $80.9M
: $74.59
: $120.83
: $266.70
: 258% above value if growth stopped today

What today’s price assumes: owner earnings growing ~29%/yr over 5 years. The zero-growth estimate assumes owner earnings stay flat (0% growth).

How to read this

We solve for the constant annual change in owner earnings that would make the five-year zero-growth estimate equal today’s price. This keeps the existing model inputs and calculation unchanged; it is an expectations lens, not a forecast.

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. The recent FY revenue series does not trigger the three-consecutive-declines flag.

Among the current top-score group, the median current price is 255% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.

Score records captured Oct 16, 2026.

Exactly which 50 companies?

FTNT, IBEX, META, MEDP, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, CPRT, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, DECK, MORN, INTU, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE

Missing a usable price or zero-growth estimate: ANF.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 4% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

18 years of fundamentals

The business, in plain English

STANDEX INTERNATIONAL CORPORATION booked $892M of revenue in FY2026 in the Industrials sector and kept 41.7% of it as gross profit — a solid-margin business by that measure. After every other cost, 11.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $527M (FY2010) to $892M (FY2026) — about 3.3% a year compounded over 16 years.

It earned 14.0% on invested capital in the latest filed year, FY2026. Across the full 17-year measurable filed record, median ROIC was 14.0%. Over the v3 recent window (10 measurable filed years), median ROIC was 9.8%. The Returns on Capital filter above scores it 31/100.

The balance sheet carried $518M of total debt in FY2026 against $118M of owner earnings — roughly 4.4 years of owner earnings to retire it all. Balance-Sheet Safety scores it 46/100.

Put together: Capital Allocation is the strongest of the five filters (86/100) and Returns on Capital the weakest (31/100), which is how SXI lands at 61/100 — a Narrow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

Sales, as filed$892M FY2026

Revenue kept after cost of goods41.7% FY2026

Standard ROIC or separately labeled Operating ROICStandard ROIC 13.6% FY2026

Exact FY and FY-1 financing invested-capital inputs are required.

Cash an owner could take out$118M FY2026

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Flagship explainer

How STANDEX INTERNATIONAL CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed line	Value	% of revenue	Source
	$892M	100%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Cost of revenue	$520M	58%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$372M	42%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$194M	22%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Income before tax	$163M	18%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Income tax	$34.3M	4%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$105M	12%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

Source:

10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

· event Jun 30, 2026 · retrieved Oct 16, 2026 · annual-row source set

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Flagship explainer

What STANDEX INTERNATIONAL CORPORATION owns — and owes

STANDEX INTERNATIONAL CORPORATION's filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed line	Value	% of assets	Source
Total assets	$1.6B	100%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Cash and equivalents	$179M	11%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$518M	33%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Stockholders’ equity	$755M	48%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

Source:

10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

· event Jun 30, 2026 · retrieved Oct 16, 2026 · annual-row source set

Flagship explainer

What drives STANDEX INTERNATIONAL CORPORATION’s return on equity?

ROE is five filed business factors multiplied together.

DuPont source inputs
Input	Value	Fiscal year	Source
	$105M	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Income before tax	$163M	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Operating income	$194M	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$892M	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Ending assets	$1.6B	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Beginning assets	$1.6B	FY2025	10-K · FY 2025Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$755M	FY2026	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
	$712M	FY2025	10-K · FY 2025Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

Source:

10-K · filed Aug 14, 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

· event Jun 30, 2026 · retrieved Oct 16, 2026 · annual-row source set

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Flagship explainer

Where STANDEX INTERNATIONAL CORPORATION's cash went

STANDEX INTERNATIONAL CORPORATION’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed line	Value	% of cash from operations	Source
Cash from operations	$89.6M	100%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026
Depreciation and amortization	$38.7M	43%	10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

Source:

10-K · FY 2026Filing detailsAccession 0001437749-26-027789 · filed Aug 14, 2026

· event Jun 30, 2026 · retrieved Oct 16, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding STANDEX INTERNATIONAL CORPORATION

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited0 not holding0/19 resolved19 not retrieved

Named manager positions and quarter-over-quarter changes
Manager	Reported position	Quarter-over-quarter	Filing accession
Abrams Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Akre Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Baupost Group	Not retrieved	Comparison not retrieved	Filing not retrieved
Berkshire Hathaway	Not retrieved	Comparison not retrieved	Filing not retrieved
Brave Warrior Advisors	Not retrieved	Comparison not retrieved	Filing not retrieved
Dodge & Cox	Not retrieved	Comparison not retrieved	Filing not retrieved
First Eagle	Not retrieved	Comparison not retrieved	Filing not retrieved
Fundsmith	Not retrieved	Comparison not retrieved	Filing not retrieved
Gardner Russo & Quinn	Not retrieved	Comparison not retrieved	Filing not retrieved
Gates Foundation Trust	Not retrieved	Comparison not retrieved	Filing not retrieved
Mairs & Power	Not retrieved	Comparison not retrieved	Filing not retrieved
Markel / Markel-Gayner	Not retrieved	Comparison not retrieved	Filing not retrieved
Oakmark / Harris Associates	Not retrieved	Comparison not retrieved	Filing not retrieved
Pershing Square	Not retrieved	Comparison not retrieved	Filing not retrieved
Polen Capital	Not retrieved	Comparison not retrieved	Filing not retrieved
Sequoia / Ruane Cunniff	Not retrieved	Comparison not retrieved	Filing not retrieved
Southeastern Asset Management	Not retrieved	Comparison not retrieved	Filing not retrieved
Tweedy, Browne	Not retrieved	Comparison not retrieved	Filing not retrieved
Yacktman Asset Management	Not retrieved	Comparison not retrieved	Filing not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source: Filing source not retrieved · event Jun 30, 2026 · retrieved Oct 16, 2026

Flagship explainer

What STANDEX INTERNATIONAL CORPORATION insiders reported

Records still being gathered — partial as of retrieval Oct 16, 2026.

Partial coverage: the incomplete Form 4 walk cannot establish no activity, an activity date, or zero counts.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale60.7 / 100

Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

Shallow moatchanged toNarrow moatSep 4, 2026
Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

Records still being gathered — partial as of retrieval Oct 16, 2026.

Among the rows shown, A/F/M acquisition, payment or withholding, and exercise or conversion rows outnumber S sale rows (88 versus 6). The filing codes alone do not establish that every such row arose from a compensation plan.

Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.

Insider					Shares owned after	Date	Filing detail
CHORMAN THOMAS EDirector	Open-market or private sale (S)Table I · Disposed · Common Stock	50	$271.39	$13,570	12,266	Oct 1, 2026	1 filed lot Table I · Common Stock: 50 shares at $271.39 · code S · owned after 12,266 · FORM 4 · filed Oct 2, 2026Filing detailsAccession 0000310354-26-000098 · filed Oct 2, 2026
Rangel DanielleVP & Chief Accounting Officer	Grant, award, or other acquisition (A)Table I · Acquired · Common Stock	6	$232.101	$1,393	339	Sep 30, 2026	1 filed lot Table I · Common Stock: 6 shares at $232.101 · code A · owned after 339 · FORM 4 · filed Oct 2, 2026Filing detailsAccession 0000310354-26-000096 · filed Oct 2, 2026
Arets MaxVP; Chief Information Officer	Grant, award, or other acquisition (A)Table I · Acquired · Common Stock	11	$232.101	$2,553	1,651.66	Sep 30, 2026	1 filed lot Table I · Common Stock: 11 shares at $232.101 · code A · owned after 1,651.66 · FORM 4 · filed Oct 2, 2026Filing detailsAccession 0000310354-26-000094 · filed Oct 2, 2026
Arets MaxVP; Chief Information Officer	Open-market or private purchase (P)Table I · Acquired · Common Stock	45	$273.957	$12,328	See lot detail	Sep 4, 2026	2 filed lots Table I · Common Stock: 3 shares at $274.195 · code P · owned after 1,598.66 · FORM 4 · filed Sep 9, 2026Filing detailsAccession 0000310354-26-000092 · filed Sep 9, 2026 Table I · Common Stock: 42 shares at $273.94 · code P · owned after 1,640.66 · FORM 4 · filed Sep 9, 2026Filing detailsAccession 0000310354-26-000092 · filed Sep 9, 2026
CHORMAN THOMAS EDirector	Open-market or private sale (S)Table I · Disposed · Common Stock	50	$284.89	$14,245	12,316	Sep 1, 2026	1 filed lot Table I · Common Stock: 50 shares at $284.89 · code S · owned after 12,316 · FORM 4 · filed Sep 3, 2026Filing detailsAccession 0000310354-26-000090 · filed Sep 3, 2026
Dunbar David A.Director, President/CEO/Chairman	Open-market or private sale (S)Table I · Disposed · Common Stock	13,000	$290.8159	$3,780,607	See lot detail	Aug 31, 2026	2 filed lots Table I · Common Stock: 4,000 shares at $290.8124 · code S · owned after 84,973 · FORM 4 · filed Sep 1, 2026Filing detailsAccession 0000310354-26-000088 · filed Sep 1, 2026 Table I · Common Stock: 9,000 shares at $290.8175 · code S · owned after 75,973 · FORM 4 · filed Sep 1, 2026Filing detailsAccession 0000310354-26-000088 · filed Sep 1, 2026
GLASS ALAN JVice President	Open-market or private sale (S)Table I · Disposed · Common Stock	1,391	$303.185	$421,730	22,722.945	Aug 24, 2026	1 filed lot Table I · Common Stock: 1,391 shares at $303.185 · code S · owned after 22,722.945 · FORM 4 · filed Aug 26, 2026Filing detailsAccession 0000310354-26-000086 · filed Aug 26, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Open-market or private sale (S)Table I · Disposed · Common Stock	2,300	$306.126	$704,090	7,486	Aug 24, 2026	1 filed lot Table I · Common Stock: 2,300 shares at $306.126 · code S · owned after 7,486 · FORM 4 · filed Aug 26, 2026Filing detailsAccession 0000310354-26-000084 · filed Aug 26, 2026
GLASS ALAN JCLO, VP & Secretary	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	524	Not disclosed	Not disclosed	524	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 524 shares at Not disclosed · code A · owned after 524 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
Slaughter Richard ColbyCLO, VP and Secretary	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	1,049	Not disclosed	Not disclosed	1,049	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 1,049 shares at Not disclosed · code A · owned after 1,049 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000080 · filed Aug 25, 2026
Slaughter Richard ColbyCLO, VP and Secretary	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	1,049	Not disclosed	Not disclosed	1,049	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 1,049 shares at Not disclosed · code A · owned after 1,049 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000080 · filed Aug 25, 2026
Slaughter Richard ColbyCLO, VP and Secretary	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	5,734	Not disclosed	Not disclosed	5,734	Aug 23, 2026	1 filed lot Table II · Stock Option: 5,734 shares at Not disclosed · code A · owned after 5,734 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000080 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	146	Not disclosed	Not disclosed	146	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 146 shares at Not disclosed · code A · owned after 146 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	146	Not disclosed	Not disclosed	146	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 146 shares at Not disclosed · code A · owned after 146 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	554	Not disclosed	Not disclosed	See lot detail	Aug 23, 2026	2 filed lots Table II · Phantom Stock Units: 382 shares at Not disclosed · code A · owned after 382 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026 Table II · Phantom Stock Units: 172 shares at Not disclosed · code A · owned after 172 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	2,090	Not disclosed	Not disclosed	2,090	Aug 23, 2026	1 filed lot Table II · Stock Option: 2,090 shares at Not disclosed · code A · owned after 2,090 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	382	Not disclosed	Not disclosed	382	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 382 shares at Not disclosed · code A · owned after 382 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	9,441	Not disclosed	Not disclosed	See lot detail	Aug 23, 2026	2 filed lots Table II · Phantom Stock Units: 2,285 shares at Not disclosed · code A · owned after 2,285 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table II · Phantom Stock Units: 7,156 shares at Not disclosed · code A · owned after 7,156 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	4,770	Not disclosed	Not disclosed	4,770	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 4,770 shares at Not disclosed · code A · owned after 4,770 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	32,600	Not disclosed	Not disclosed	32,600	Aug 23, 2026	1 filed lot Table II · Stock Option: 32,600 shares at Not disclosed · code A · owned after 32,600 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	1,933	Not disclosed	Not disclosed	1,933	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 1,933 shares at Not disclosed · code A · owned after 1,933 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	1,933	Not disclosed	Not disclosed	1,933	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 1,933 shares at Not disclosed · code A · owned after 1,933 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	10,571	Not disclosed	Not disclosed	10,571	Aug 23, 2026	1 filed lot Table II · Stock Option: 10,571 shares at Not disclosed · code A · owned after 10,571 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	621	Not disclosed	Not disclosed	See lot detail	Aug 23, 2026	2 filed lots Table II · Phantom Stock Units: 220 shares at Not disclosed · code A · owned after 220 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026 Table II · Phantom Stock Units: 401 shares at Not disclosed · code A · owned after 401 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	401	Not disclosed	Not disclosed	401	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 401 shares at Not disclosed · code A · owned after 401 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	2,195	Not disclosed	Not disclosed	2,195	Aug 23, 2026	1 filed lot Table II · Stock Option: 2,195 shares at Not disclosed · code A · owned after 2,195 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026
Newbury MichelleChief HR Officer & VP	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	360	Not disclosed	Not disclosed	360	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 360 shares at Not disclosed · code A · owned after 360 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000068 · filed Aug 25, 2026
Newbury MichelleChief HR Officer & VP	Grant, award, or other acquisition (A)Table II · Acquired · Restricted Stock Units	360	Not disclosed	Not disclosed	360	Aug 23, 2026	1 filed lot Table II · Restricted Stock Units: 360 shares at Not disclosed · code A · owned after 360 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000068 · filed Aug 25, 2026
Newbury MichelleChief HR Officer & VP	Grant, award, or other acquisition (A)Table II · Acquired · Stock Option	1,969	Not disclosed	Not disclosed	1,969	Aug 23, 2026	1 filed lot Table II · Stock Option: 1,969 shares at Not disclosed · code A · owned after 1,969 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000068 · filed Aug 25, 2026
CANNON CHARLES H JRDirector	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	286	Not disclosed	Not disclosed	286	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 286 shares at Not disclosed · code A · owned after 286 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000066 · filed Aug 25, 2026
Edwards Barbara JoanneDirector	Grant, award, or other acquisition (A)Table II · Acquired · Phantom Stock Units	143	Not disclosed	Not disclosed	143	Aug 23, 2026	1 filed lot Table II · Phantom Stock Units: 143 shares at Not disclosed · code A · owned after 143 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000064 · filed Aug 25, 2026
GLASS ALAN JCLO, VP & Secretary	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 4 paired events	2,512	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 912 shares at Not disclosed · code M · owned after 23,634.945 · Paired event: 912 Phantom Stock Units → 912 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 863 shares at Not disclosed · code M · owned after 24,104.945 · Paired event: 863 Phantom Stock Units → 863 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 395 shares at Not disclosed · code M · owned after 24,107.945 · Paired event: 395 Restricted Stock Units → 395 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 342 shares at Not disclosed · code M · owned after 24,269.945 · Paired event: 342 Restricted Stock Units → 342 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
GLASS ALAN JCLO, VP & Secretary	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	1,121	$310.28	$347,824	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 393 shares at $310.28 · code F · owned after 23,241.945 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 392 shares at $310.28 · code F · owned after 23,712.945 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 180 shares at $310.28 · code F · owned after 23,927.945 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table I · Common Stock: 156 shares at $310.28 · code F · owned after 24,113.945 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
GLASS ALAN JCLO, VP & Secretary	Disposition to the issuer (D)Table II · Disposed · Phantom Stock Units	407	Not disclosed	Not disclosed	0	Aug 21, 2026	1 filed lot Table II · Phantom Stock Units: 407 shares at Not disclosed · code D · owned after 0 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
GLASS ALAN JCLO, VP & Secretary	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events	737	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Restricted Stock Units: 395 shares at Not disclosed · code M · owned after 395 · Paired event: 395 Restricted Stock Units → 395 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table II · Restricted Stock Units: 342 shares at Not disclosed · code M · owned after 686 · Paired event: 342 Restricted Stock Units → 342 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
GLASS ALAN JCLO, VP & Secretary	Exercise or conversion of derivative security (M)Table II · Disposed · Phantom Stock Units · 2 paired events	1,775	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Phantom Stock Units: 912 shares at Not disclosed · code M · owned after 0 · Paired event: 912 Phantom Stock Units → 912 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026 Table II · Phantom Stock Units: 863 shares at Not disclosed · code M · owned after 407 · Paired event: 863 Phantom Stock Units → 863 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000082 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 3 paired events	193	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	3 filed lots Table I · Common Stock: 85 shares at Not disclosed · code M · owned after 293 · Paired event: 85 Phantom Stock Units → 85 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table I · Common Stock: 39 shares at Not disclosed · code M · owned after 294 · Paired event: 39 Restricted Stock Units → 39 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table I · Common Stock: 69 shares at Not disclosed · code M · owned after 352 · Paired event: 69 Restricted Stock Units → 69 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	68	$310.28	$21,099	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 26 shares at $310.28 · code F · owned after 267 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table I · Common Stock: 12 shares at $310.28 · code F · owned after 255 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table I · Common Stock: 11 shares at $310.28 · code F · owned after 283 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table I · Common Stock: 19 shares at $310.28 · code F · owned after 333 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events	108	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Restricted Stock Units: 69 shares at Not disclosed · code M · owned after 138 · Paired event: 69 Restricted Stock Units → 69 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026 Table II · Restricted Stock Units: 39 shares at Not disclosed · code M · owned after 39 · Paired event: 39 Restricted Stock Units → 39 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Phantom Stock Units · 1 paired event	85	Not disclosed	Not disclosed	40	Aug 21, 2026	1 filed lot Table II · Phantom Stock Units: 85 shares at Not disclosed · code M · owned after 40 · Paired event: 85 Phantom Stock Units → 85 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Rangel DanielleVP & Chief Accounting Officer	Disposition to the issuer (D)Table II · Disposed · Phantom Stock Units	40	Not disclosed	Not disclosed	0	Aug 21, 2026	1 filed lot Table II · Phantom Stock Units: 40 shares at Not disclosed · code D · owned after 0 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000078 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Grant, award, or other acquisition (A)Table I · Acquired · Common Stock	1.472	$308.1661	$454	See lot detail	Aug 21, 2026	2 filed lots Table I · Common Stock: 1.402 shares at $308.153 · code A · owned after 1,335.59 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026 Table I · Common Stock: 0.07 shares at $308.429 · code A · owned after 1,335.66 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 2 paired events	344	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table I · Common Stock: 176 shares at Not disclosed · code M · owned after 1,511.66 · Paired event: 176 Restricted Stock Units → 176 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026 Table I · Common Stock: 168 shares at Not disclosed · code M · owned after 1,679.66 · Paired event: 168 Restricted Stock Units → 168 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	84	$310.28	$26,064	See lot detail	Aug 21, 2026	2 filed lots Table I · Common Stock: 41 shares at $310.28 · code F · owned after 1,638.66 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026 Table I · Common Stock: 43 shares at $310.28 · code F · owned after 1,595.66 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Arets MaxVP; Chief Information Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events	344	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Restricted Stock Units: 176 shares at Not disclosed · code M · owned after 176 · Paired event: 176 Restricted Stock Units → 176 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026 Table II · Restricted Stock Units: 168 shares at Not disclosed · code M · owned after 338 · Paired event: 168 Restricted Stock Units → 168 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000076 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 4 paired events	16,025	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 4,441 shares at Not disclosed · code M · owned after 5,870.9759 · Paired event: 4,441 Phantom Stock Units → 4,441 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 7,208 shares at Not disclosed · code M · owned after 11,434.9759 · Paired event: 7,208 Phantom Stock Units → 7,208 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 2,300 shares at Not disclosed · code M · owned after 10,897.9759 · Paired event: 2,300 Restricted Stock Units → 2,300 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 2,076 shares at Not disclosed · code M · owned after 12,122.9759 · Paired event: 2,076 Restricted Stock Units → 2,076 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	6,149	$310.28	$1,907,912	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 1,644 shares at $310.28 · code F · owned after 4,226.9759 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 2,837 shares at $310.28 · code F · owned after 8,597.9759 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 851 shares at $310.28 · code F · owned after 10,046.9759 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table I · Common Stock: 817 shares at $310.28 · code F · owned after 11,305.9759 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Disposition to the issuer (D)Table II · Disposed · Phantom Stock Units	3,393	Not disclosed	Not disclosed	0	Aug 21, 2026	1 filed lot Table II · Phantom Stock Units: 3,393 shares at Not disclosed · code D · owned after 0 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events	4,376	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Restricted Stock Units: 2,300 shares at Not disclosed · code M · owned after 2,300 · Paired event: 2,300 Restricted Stock Units → 2,300 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table II · Restricted Stock Units: 2,076 shares at Not disclosed · code M · owned after 4,152 · Paired event: 2,076 Restricted Stock Units → 2,076 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Dunbar David A.Director, President/CEO/Chairman	Exercise or conversion of derivative security (M)Table II · Disposed · Phantom Stock Units · 2 paired events	11,649	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Phantom Stock Units: 4,441 shares at Not disclosed · code M · owned after 0 · Paired event: 4,441 Phantom Stock Units → 4,441 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026 Table II · Phantom Stock Units: 7,208 shares at Not disclosed · code M · owned after 3,393 · Paired event: 7,208 Phantom Stock Units → 7,208 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000074 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 4 paired events	4,077	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	4 filed lots Table I · Common Stock: 602 shares at Not disclosed · code M · owned after 8,230 · Paired event: 602 Phantom Stock Units → 602 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 1,693 shares at Not disclosed · code M · owned after 9,700 · Paired event: 1,693 Phantom Stock Units → 1,693 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 952 shares at Not disclosed · code M · owned after 9,658 · Paired event: 952 Restricted Stock Units → 952 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 830 shares at Not disclosed · code M · owned after 10,113 · Paired event: 830 Restricted Stock Units → 830 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	1,919	$310.28	$595,427	See lot detail	Aug 21, 2026	5 filed lots Table I · Common Stock: 223 shares at $310.28 · code F · owned after 8,007 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 667 shares at $310.28 · code F · owned after 9,033 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 327 shares at $310.28 · code F · owned after 8,706 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 375 shares at $310.28 · code F · owned after 9,283 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table I · Common Stock: 327 shares at $310.28 · code F · owned after 9,786 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Exercise or conversion of derivative security (M)Table II · Disposed · Phantom Stock Units · 2 paired events	2,295	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Phantom Stock Units: 1,693 shares at Not disclosed · code M · owned after 798 · Paired event: 1,693 Phantom Stock Units → 1,693 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table II · Phantom Stock Units: 602 shares at Not disclosed · code M · owned after 0 · Paired event: 602 Phantom Stock Units → 602 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Disposition to the issuer (D)Table II · Disposed · Phantom Stock Units	798	Not disclosed	Not disclosed	0	Aug 21, 2026	1 filed lot Table II · Phantom Stock Units: 798 shares at Not disclosed · code D · owned after 0 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Sarcevic AdemirVice President/CFO/Treasurer	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events	1,782	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table II · Restricted Stock Units: 952 shares at Not disclosed · code M · owned after 952 · Paired event: 952 Restricted Stock Units → 952 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026 Table II · Restricted Stock Units: 830 shares at Not disclosed · code M · owned after 1,660 · Paired event: 830 Restricted Stock Units → 830 Common Stock · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000072 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock	384	Not disclosed	Not disclosed	See lot detail	Aug 21, 2026	2 filed lots Table I · Common Stock: 239 shares at Not disclosed · code M · owned after 4,886 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026 Table I · Common Stock: 145 shares at Not disclosed · code M · owned after 4,929 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock	102	$310.28	$31,649	See lot detail	Aug 21, 2026	2 filed lots Table I · Common Stock: 68 shares at $310.28 · code F · owned after 4,818 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026 Table I · Common Stock: 34 shares at $310.28 · code F · owned after 4,784 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026
Kshirsagar VineetChief Strategy Officer	Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units	161	Not disclosed	Not disclosed	322	Aug 21, 2026	1 filed lot Table II · Restricted Stock Units: 161 shares at Not disclosed · code M · owned after 322 · FORM 4 · filed Aug 25, 2026Filing detailsAccession 0000310354-26-000070 · filed Aug 25, 2026

Source-event as of Oct 1, 2026. Retrieved Oct 16, 2026.

Track record

How STANDEX INTERNATIONAL CORPORATION’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

Point-in-time Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored SXI on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, SXI did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Industrials context

#112 of 448 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

#110SCIA SCI ENGINEERED MATERIALS, INC.61.0 out of 100, Narrow moatNarrow moat
#111GPC GENUINE PARTS CO60.9 out of 100, Narrow moatNarrow moat
#113WEYS WEYCO GROUP, INC.60.3 out of 100, Narrow moatNarrow moat
#114HLF HERBALIFE LTD.60.0 out of 100, Narrow moatNarrow moat

Compare SXI with its nearest peers →All Industrials companies on the Index →

Common questions about SXI

Does STANDEX INTERNATIONAL CORPORATION have an economic moat?: Based on its FY2026 SEC filings, the Moat Index scores STANDEX INTERNATIONAL CORPORATION (SXI) 60.7 out of 100 — a Narrow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 80, pricing power 61, returns on capital 31, balance-sheet safety 46, capital allocation 86.
Is SXI trading below the conservative owner-earnings estimate?: The value if growth stopped today — a zero-growth baseline — is $74.59 per share. It capitalizes normalized owner earnings at a 9% rate and assumes 0% growth. Versus a recent price of $266.70, that is 258% above value if growth stopped today. The model also publishes a capped-growth comparison, but the zero-growth estimate is the cautious baseline. It assumes trailing owner earnings persist and is unreliable for declining businesses. This is an educational estimate from primary SEC filings, not intrinsic value as a fact or investment advice.
How has SXI's Moat Score changed over time?: The record logs 29 readings since Jul 17, 2026; the latest reads 60.7 out of 100 (narrow moat). Tier changes so far: Shallow moat → Narrow moat on Sep 4, 2026. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell SXI. See the disclaimer.