Arts Way grants Marc McConnell 1,000 shares
ARTW’s CEO and chairman received a 1,000-share stock award and now reports 257,500 directly held shares plus substantial indirect Common Stock holdings.
Rhea-AI Filing Summary
ARTS WAY MANUFACTURING CO INC (symbol: ARTW) is the issuer of record for a Form 4 filing submitted to the SEC. MCCONNELL MARC H reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC (ARTW) insider Marc H. McConnell, President, CEO, Chairman and more than ten percent owner, reported a grant or award of 1,000 shares of Common Stock on August 31, 2026. Following this award, he holds 257,500 shares directly, including 207,501 fully vested shares and several restricted stock tranches vesting between January 2027 and January 2029, plus additional indirect holdings through an IRA, two children and McConnell Legacy Investments, LLC. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,000 shares
Grant/Award
5 txns
Insider
MCCONNELL MARC H
Role
President, CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 257,500 shares (Direct);
Common Stock — 5,580 shares (Indirect, By IRA #1);
Common Stock — 5,000 shares (Indirect, By Child #1);
Common Stock — 5,000 shares (Indirect, By Child #2);
Common Stock — 2,149,819 shares (Indirect, McConnell Legacy Investments, LLC)
Footnotes (2)
- F1. Includes (i) 207,501 shares of fully vested stock; (ii) 6,666 shares of restricted stock for which risks of forfeiture lapse on 2/7/2027; (iii) 13,333 shares of restricted stock for which risks of forfeiture lapse as to 6,667 shares on 1/24/2027 and 6,666 shares on 1/24/2028; and (iv) 30,000 shares of restricted stock for which risks of forfeiture lapse as to 10,000 shares on 1/21/2027 and as to 10,000 shares on each of 1/21/2028 and 1/21/2029.
- F2. The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC.
Key Figures
Shares granted: 1,000 shares of Common Stock
Direct holdings after transaction: 257,500 shares of Common Stock
Fully vested stock within direct holdings: 207,501 shares
+5 more
8 metrics
Shares granted
1,000 shares of Common Stock
Grant or award acquisition on August 31, 2026
Direct holdings after transaction
257,500 shares of Common Stock
Direct ownership following the August 31, 2026 award
Fully vested stock within direct holdings
207,501 shares
Portion of direct holdings described as fully vested stock
Restricted stock vesting 02/07/2027
6,666 shares
Restricted stock for which risks of forfeiture lapse on February 7, 2027
Restricted stock vesting 01/24/2027 and 01/24/2028
13,333 shares
Risks of forfeiture lapse as to 6,667 shares on January 24, 2027 and 6,666 shares on January 24, 2028
Restricted stock vesting 2027–2029
30,000 shares
Risks of forfeiture lapse 10,000 shares on each of January 21, 2027, 2028 and 2029
Indirect IRA holding
5,580 shares of Common Stock
Indirect ownership reported as held by IRA #1
Indirect holding via McConnell Legacy Investments, LLC
2,149,819 shares of Common Stock
Indirect ownership where the reporting person is Managing Member
Key Terms
restricted stock, risks of forfeiture, fully vested stock, Managing Member, +1 more
5 terms
restricted stock financial
"shares of restricted stock for which risks of forfeiture lapse"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
risks of forfeiture financial
"restricted stock for which risks of forfeiture lapse on 2/7/2027"
fully vested stock financial
"Includes (i) 207,501 shares of fully vested stock"
Managing Member financial
"The Reporting Person serves as Managing Member of McConnell Legacy"
IRA financial
"Indirect ownership reported as held By IRA #1"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transaction did ARTW report for Marc H. McConnell on August 31, 2026?
Marc H. McConnell reported a grant or award of 1,000 shares of ARTS WAY MANUFACTURING CO INC Common Stock on August 31, 2026, with no price per share reported for the award.
What restricted stock positions for ARTW does Marc H. McConnell report in this filing?
He reports restricted stock of 6,666 shares vesting on February 7, 2027; 13,333 shares vesting as to 6,667 shares on January 24, 2027 and 6,666 shares on January 24, 2028; and 30,000 shares vesting 10,000 shares on each of January 21, 2027, 2028 and 2029.
What indirect ARTW holdings does Marc H. McConnell disclose on this Form 4?
He reports indirect ARTW Common Stock holdings of 5,580 shares held by an IRA, 5,000 shares held for Child #1, 5,000 shares held for Child #2, and 2,149,819 shares held by McConnell Legacy Investments, LLC, where he serves as Managing Member.
Was the August 31, 2026 ARTW stock award to Marc H. McConnell made under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked for this filing, so no Rule 10b5-1 trading plan is reported in connection with the August 31, 2026 award.
Does Marc H. McConnell have a management role in McConnell Legacy Investments, LLC that holds ARTW shares?
Yes. A footnote states that the reporting person serves as Managing Member of McConnell Legacy Investments, LLC, which holds 2,149,819 shares of ARTS WAY MANUFACTURING CO INC Common Stock indirectly attributed to him.
AI-generated analysis. How Rhea-AI works. Not financial advice.
