Arts Way CEO granted 3,000 common shares
MCCONNELL MARC H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MCCONNELL MARC H reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC reported an insider update for President, CEO and Chairman Marc H. McConnell. On April 21, 2026, he received an award of 3,000 shares of common stock at $0.0000 per share, bringing his direct holdings to 255,500 shares.
These direct holdings include fully vested and restricted stock with risks of forfeiture scheduled to lapse between 2027 and 2029. Indirect holdings reported include 2,149,819 shares through McConnell Legacy Investments, LLC, 5,580 shares via an IRA, and 5,000 shares for each of two children.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,000 shares
Grant/Award
5 txns
Insider
MCCONNELL MARC H
Role
President, CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 255,500 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) 205,501 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
Stock award: 3,000 shares
Award price: $0.0000 per share
Direct holdings: 255,500 shares
+4 more
7 metrics
Stock award
3,000 shares
Common stock grant on April 21, 2026 (code A)
Award price
$0.0000 per share
Price for 3,000-share common stock grant
Direct holdings
255,500 shares
Common stock directly held after April 21, 2026
Indirect LLC holdings
2,149,819 shares
Common stock via McConnell Legacy Investments, LLC
Indirect IRA holdings
5,580 shares
Common stock held by IRA #1
Child #1 holdings
5,000 shares
Common stock held for Child #1
Child #2 holdings
5,000 shares
Common stock held for Child #2
Key Terms
restricted stock, risks of forfeiture, Managing Member, grant, award, or other acquisition
4 terms
restricted stock financial
"includes 6,666 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
"shares of restricted stock for which risks of forfeiture lapse on 2/7/2027"
Managing Member financial
"The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC."
A managing member is an owner of a limited liability company (LLC) who also has the authority and responsibility to run the company’s day-to-day operations and make business decisions on behalf of the LLC. For investors, this matters because the managing member holds the key decision-making power and accountability—like a team captain who both owns part of the team and calls the plays—which affects strategy, risk, and how quickly the company can act.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transaction did Arts Way (ARTW) report for Marc H. McConnell?
Marc H. McConnell reported receiving an award of 3,000 shares of Arts Way common stock on April 21, 2026, at $0.0000 per share. This was coded as a grant or award acquisition rather than an open-market purchase or sale.
What is the vesting schedule for Marc H. McConnell’s restricted Arts Way (ARTW) stock?
His direct holdings include several restricted stock grants. Risks of forfeiture lapse on portions of these shares on January 21, 2027, 2028 and 2029, and on January 24, 2027 and 2028, plus an additional tranche vesting on February 7, 2027.
Was Marc H. McConnell’s April 21, 2026 Arts Way (ARTW) stock acquisition an open-market purchase?
No. The filing classifies the 3,000-share acquisition under transaction code A, described as a grant, award or other acquisition. The shares were reported at a price of $0.0000 per share, indicating a compensation-related award rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
