Standex Amends 10-K to Include Mandated Clawback Policy

Ticker: SXI · Form: 10-K/A · Filed: Dec 29, 2025 · CIK: 310354

Sentiment: neutral

Topics: SEC Filing, 10-K/A, Corporate Governance, Clawback Policy, Regulatory Compliance, Exhibit Amendment, Standex International

Related Tickers: SXI

TL;DR

**SXI's 10-K/A is a non-event, just a regulatory cleanup for a missing clawback policy, so don't expect any market movement.**

AI Summary

STANDEX INTERNATIONAL CORP/DE/ (SXI) filed a 10-K/A on December 29, 2025, solely to amend its Exhibit List, adding the SEC-mandated Compensation Clawback Policy. This policy, adopted on August 15, 2023, was inadvertently excluded from the original 10-K filed on August 2, 2024. The amendment does not update any other financial or operational information from the fiscal year ended June 30, 2024. The company's market capitalization for non-affiliate common equity was approximately $1,855,686,511 as of December 31, 2023, with its common stock trading at $158.38 per share on the NYSE. As of July 31, 2024, there were 11,854,539 shares of common stock outstanding. The filing confirms the company's compliance with reporting requirements and the effectiveness of its internal controls, as attested by its management and audited by Deloitte & Touche LLP. This administrative correction ensures full regulatory compliance without impacting previously reported financial results.

Why It Matters

This administrative amendment by Standex International Corporation is crucial for regulatory compliance, ensuring the company meets SEC requirements regarding executive compensation clawback policies. For investors, it signals good corporate governance and adherence to new SEC rules, which can enhance trust and transparency. While it doesn't alter the company's financial performance, the inclusion of the Compensation Clawback Policy, adopted on August 15, 2023, provides a clear framework for recovering incentive-based compensation in the event of financial restatements, aligning SXI with industry best practices and competitive governance standards.

Risk Assessment

Risk Level: low — The risk level is low because this 10-K/A filing is purely an administrative correction to include a previously adopted Compensation Clawback Policy, which was inadvertently omitted from the original 10-K. It explicitly states, "This Amendment No. 1 does not update or amend any other items in the Original Filing in any way." This indicates no changes to financial statements, operational performance, or strategic outlook, thus posing minimal risk to investors.

Analyst Insight

Investors should view this filing as a routine regulatory update, not a signal for immediate action. The inclusion of the Compensation Clawback Policy, adopted on August 15, 2023, reinforces good governance, which is a long-term positive, but it has no short-term impact on SXI's valuation or operational performance.

Key Numbers

Key Players & Entities

FAQ

Why did Standex International Corporation file a 10-K/A?

Standex International Corporation filed a 10-K/A solely to amend its Exhibit List, including the SEC-mandated Compensation Clawback Policy which was inadvertently excluded from its original 10-K filed on August 2, 2024.

What is the Compensation Clawback Policy mentioned in SXI's 10-K/A?

The Compensation Clawback Policy is an SEC-mandated policy, originally adopted by Standex International Corporation on August 15, 2023, which allows the company to recover incentive-based compensation from executives under certain circumstances, typically related to financial restatements.

Does this 10-K/A filing by Standex International Corporation change its financial results?

No, the 10-K/A explicitly states that it "does not update or amend any other items in the Original Filing in any way," meaning it does not alter previously reported financial results for the fiscal year ended June 30, 2024.

When was Standex International Corporation's Compensation Clawback Policy adopted?

Standex International Corporation's Compensation Clawback Policy was originally adopted on August 15, 2023, well before this 10-K/A filing.

What was the market value of Standex International Corporation's non-affiliate common equity?

The aggregate market value of the voting and non-voting common equity held by non-affiliates of Standex International Corporation was approximately $1,855,686,511 at the close of business on December 31, 2023.

How many shares of Standex International Corporation's Common Stock were outstanding?

The number of shares of Standex International Corporation's Common Stock outstanding on July 31, 2024, was 11,854,539.

Who signed the 10-K/A for Standex International Corporation?

The 10-K/A for Standex International Corporation was signed by Ademir Sarcevic, Vice President/Chief Financial Officer, on December 23, 2025.

Where can investors find the Compensation Clawback Policy for Standex International Corporation?

The Compensation Clawback Policy for Standex International Corporation has been publicly available under the "Investors" section of the Company's website since its adoption on August 15, 2023, and is now formally included as an exhibit in the 10-K/A.

What is the significance of a 10-K/A filing for investors?

For investors, a 10-K/A filing typically indicates an amendment to a previously filed annual report. In this specific case for Standex International Corporation, it's an administrative correction for regulatory compliance, not a change in financial performance, suggesting minimal direct impact on investment decisions.

Is Standex International Corporation considered a well-known seasoned issuer?

The filing indicates that Standex International Corporation is a "Large accelerated filer," which is a category often associated with well-known seasoned issuers, but the specific 'Yes/No' box for well-known seasoned issuer status is not explicitly marked in the provided text.

Risk Factors

Industry Context

Standex International Corporation operates in diverse industrial markets, including engineering technologies, specialty solutions, and food service equipment. The company competes within segments characterized by specialized product offerings and customer relationships. Trends in these sectors are influenced by industrial production cycles, technological advancements, and global supply chain dynamics.

Regulatory Implications

The primary regulatory implication of this filing is the company's adherence to SEC requirements for disclosing executive compensation policies, specifically the Compensation Clawback Policy. This demonstrates compliance with rules aimed at enhancing corporate governance and accountability for incentive compensation.

What Investors Should Do

  1. Review the Compensation Clawback Policy exhibit.
  2. Confirm no other financial or operational data was altered.

Key Dates

Glossary

Compensation Clawback Policy
A policy that allows a company to recover incentive-based compensation that was erroneously awarded to executive officers. This is often triggered by accounting restatements or other financial misconduct. (The inclusion of this policy in the 10-K/A filing is a direct response to SEC regulations and is crucial for demonstrating corporate governance and compliance.)
10-K/A
An amended annual report filed with the SEC. It is used to correct or supplement information previously filed in a Form 10-K. (This specific filing (Amendment No. 1) indicates a correction or addition to the original 10-K, in this case, the addition of the Compensation Clawback Policy exhibit.)
Sarbanes-Oxley Act of 2002 (SOX)
A federal law that mandates certain practices in financial record keeping and reporting, including enhanced disclosures and certifications by corporate executives. (The certifications filed with this amendment (Exhibits 31.1 and 31.2) are required under SOX, reinforcing the company's commitment to accurate financial reporting and internal controls.)

Year-Over-Year Comparison

This 10-K/A filing is an amendment to the original 10-K filed on August 2, 2024, and does not contain updated financial or operational data for the fiscal year ended June 30, 2024. The primary purpose was to add the Compensation Clawback Policy exhibit, which was inadvertently omitted. Therefore, there are no year-over-year changes in revenue, margins, or other financial metrics to compare within this specific amendment.

Filing Stats: 1,085 words · 4 min read · ~4 pages · Grade level 13.6 · Accepted 2025-12-23 17:55:42

Key Financial Figures

Filing Documents

EXHIBITS, FINANCIAL STATEMENT SCHEDULES

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES The following exhibits are filed as part of this Amendment No. 1 to the Company's Annual Report on Form 10-K. INDEX TO EXHIBITS Incorporated Exhibit by Reference Filed Number Exhibit Description Form Date Herewith 31.1 Certification of the Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. X 31.2 Certification of the Chief Financial Officer pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. X 97. Compensation Clawback Policy X 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, Standex International Corporation has duly caused this Amendment No. 1 to the Annual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized, on December 23, 2025. STANDEX INTERNATIONAL CORPORATION (Registrant) /s/ ADEMIR SARCEVIC Ademir Sarcevic Vice President/Chief Financial Officer Deloitte & Touche LLP 115 Federal Street, Winthrop Center Boston, MA 02210-1894 USA Auditor Firm Id: 34 END OF FORM 10-K/A

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