Professional dex director Raymond Cabillot sells shares price $94,577

Raymond (NSE:RYMD) E. Cabillot, a director and ten p.c proprietor of Professional Dex Inc. (NASDAQ:PDEX), has reported the sale of shares valued at $94,577, in response to a current SEC submitting. The transactions, executed underneath a pre-established Rule 10b5-1 buying and selling plan, passed off on January 23 and 24. The shares have been bought at costs starting from $41.44 to $42.00. The sale comes amid Professional Dex’s spectacular 117% surge over the previous six months, with the corporate sustaining a robust monetary well being rating in response to InvestingPro knowledge. Following these transactions, Cabillot, by Farnam Avenue Companions, L.P., holds 333,210 shares of Professional Dex. The gross sales replicate a strategic transfer throughout the framework of a buying and selling plan adopted in September 2024. Whereas this insider sale has occurred, InvestingPro evaluation reveals administration has been actively shopping for again shares, with the corporate sustaining robust liquidity and working with average debt ranges. Uncover 11 extra unique ProTips and complete monetary metrics with an InvestingPro subscription.

In different current information, Professional-Dex Inc. has seen vital developments with its board and govt compensation. The corporate’s shareholders elected seven members to the board of administrators and ratified the appointment of Moss Adams, LLP because the unbiased accounting agency for the upcoming fiscal 12 months. The elected board members, together with Raymond E. Cabillot, Angelita R. Domingo, and others, will serve till the 2025 Annual Assembly.

Along with board elections, shareholders additionally authorized the compensation of the corporate’s Named Govt Officers. This choice was mirrored within the current bonuses awarded to Chief Govt Officer Richard L. Van Kirk and Chief Monetary Officer Alisha Ok. Charlton. The Compensation Committee authorized a $70,000 bonus for Van Kirk and a $50,000 bonus for Charlton, as disclosed in a current SEC submitting.

These bonuses have been awarded because of the firm’s efficiency in the course of the first quarter of the fiscal 12 months 2025 and different efficiency metrics. This collection of govt bonuses follows a robust fiscal efficiency by Professional-Dex Inc., demonstrating the corporate’s monetary well being and the efficient management of its executives. These are among the current developments at Professional-Dex Inc.

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