Arts Way (ARTW) director Buffamante awarded 1,000-share grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Arts Way Manufacturing director Thomas E. Buffamante acquired 1,000 shares of common stock through a fully vested restricted stock grant under the director compensation plan. The grant was recorded at $0.00 per share and raised his directly held stake to 59,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buffamante Thomas E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did ARTW director Thomas E. Buffamante report?
Thomas E. Buffamante reported acquiring 1,000 shares of Arts Way Manufacturing common stock. The acquisition came as a fully vested restricted stock grant issued under the company’s director compensation plan, rather than an open-market purchase, and increased his directly owned holdings to 59,000 shares.
Was the ARTW director stock grant an open-market purchase?
No, the 1,000-share increase was not an open-market purchase. It was a fully vested restricted stock grant awarded under Arts Way’s director compensation plan, reported with a price of $0.00 per share, which is typical for equity compensation awards rather than cash purchases.
Is the ARTW Form 4/A transaction categorized as an acquisition or a sale?
The Form 4/A categorizes the transaction as an acquisition. It uses transaction code “A” for a grant, award, or other acquisition, indicating Thomas E. Buffamante received 1,000 fully vested restricted shares of Arts Way common stock rather than disposing of or selling any existing holdings.