Company: SXI
Filing Date: 2025-09-05
Form Type: DEF 14A
Source: 0001437749-25-028442
Chunk: 37

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-09-05
Form: DEF 14A
Chunk 37
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 Plan

The Compensation Committee believes that while the annual incentive award provides motivation for executives to meet annual performance goals, the Management Stock Purchase Plan (“MSPP”) adds an additional long-term component. Under the MSPP, management at a certain salary level can elect to defer their annual incentive awards into the receipt of restricted stock units (“RSUs”) at a 25% discount, valued at the lower of (i) the closing price of the Company’s common stock on the last business day of the fiscal year (June 30, 2025) or (ii) the closing price of the Company’s common stock on the date on which the annual incentive award is certified by the Compensation Committee (August 12, 2025). Executives must make their election prior to the beginning of the fiscal year and can defer up to 50% of their annual incentive award. These RSUs cliff vest at the end of a 3-year period and the executive receives shares of stock equal to the amount of RSUs granted. Executives accrue dividends, which are paid upon vesting, on the RSUs, but do not have voting rights until the shares underlying the RSUs are delivered. The following table details, for FY 2025, the percent each Named Executive Officer elected to defer under the MSPP, the value of that deferral and the amount of RSUs granted pursuant to the deferral.

| Name            |     |    | Annual Incentive Award 
 Deferred (% of Award)  |     |  Amount of the 
 Deferral ($) 1 |     | RSUs Granted 
        (#) 2 |
| David Dunbar    |     | 50 | %                      |     |        339,224 |     |        2,890 |
| Ademir Sarcevic |     |  0 | %                      |     |              - |     |            - |
| Alan Glass      |     | 50 | %                      |     |         81,672 |     |          695 |
| Annemarie Bell  |     |  0 | %                      |     |              - |     |            - |
| Max Arets       |     | 15 | %                      |     |         20,970 |     |          178 |

| 1 | The amount of the deferral is the dollar value of the annual incentive award that is actually deferred into the receipt of discounted RSUs under the MSPP. |

| 2 | Based on the