Professional Dex director Raymond Cabillot sells shares price $226,407

Raymond (NS:RYMD) E. Cabillot, a director and important shareholder of Professional Dex Inc. (NASDAQ:PDEX), has offered shares within the firm as reported in a latest SEC submitting. The transactions, carried out on January 10 and January 13, concerned the sale of a complete of 4,824 shares. These gross sales had been executed at costs starting from $46.66 to $47.76 per share, amounting to a complete worth of $226,407. The timing is notable as InvestingPro information exhibits the inventory has skilled a 9.5% decline over the previous week, although it maintains a powerful 143% achieve over the past six months.

The gross sales had been made beneath a Rule 10b5-1 buying and selling plan, which was adopted by Cabillot and Farnam Road Companions, L.P., a agency the place Cabillot has oblique possession. Following these transactions, Cabillot holds 356,022 shares in Professional Dex by Farnam Road Companions. In keeping with InvestingPro, the corporate maintains sturdy monetary well being with a present ratio of three.4 and operates with average debt ranges. Professional Dex has demonstrated strong efficiency with a return on fairness of 17% and optimistic earnings expectations for the yr forward. Subscribers can entry 12 extra InvestingPro Ideas for deeper insights into the corporate’s prospects.

In different latest information, Professional-Dex (NASDAQ:PDEX), Inc. has been making strides with noteworthy developments. The corporate’s shareholders convened for his or her 2024 Annual Assembly, throughout which they elected seven members to the board of administrators and ratified Moss Adams, LLP because the unbiased accounting agency for the upcoming fiscal yr. The newly elected board members will serve till the 2025 Annual Assembly or till their successors are elected.

Along with these key choices, shareholders authorized, on a non-binding advisory foundation, the compensation of the corporate’s Named Government Officers. This approval got here following a powerful fiscal efficiency by Professional-Dex, which led to the corporate’s Compensation Committee awarding important bonuses to prime executives. CEO Richard L. Van Kirk obtained a $70,000 bonus, and CFO Alisha Okay. Charlton was granted a $50,000 bonus.

These bonuses, disclosed in a latest SEC submitting, had been awarded as a result of firm’s efficiency through the first quarter of the fiscal yr 2025 and different efficiency metrics. The choice to award the bonuses was made lately, and the funds are scheduled to be made within the upcoming bi-weekly pay interval. These latest developments underscore Professional-Dex’s monetary well being and the efficient management of its executives.

This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.