Arts Way director gets 1,000-share stock grant
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.
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
Grant/Award: 1,000 shares
Grant/Award
1 txn
Insider
Buffamante Thomas E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 59,000 shares (Direct)
Footnotes (1)
- F1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.