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Director Matthew Westendorf granted 1,000 ARTS WAY (ARTW) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Westendorf Matthew reported acquisition or exercise transactions in this Form 4 filing.

ARTS WAY MANUFACTURING CO INC director Matthew Westendorf received a grant of 1,000 shares of common stock as fully-vested restricted stock under the director compensation plan. The award was recorded at a price of $0.00 per share and increases his directly owned holdings to 28,000 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Westendorf Matthew

(Last) (First) (Middle)
5556 HIGHWAY 9

(Street)
ARMSTRONG IA 50514

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARTS WAY MANUFACTURING CO INC [ ARTW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/28/2026 A 1,000(1) A $0 28,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.
/s/ Michael W. Woods as Attorney-in-Fact for Matthew Westendorf 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ARTS WAY MANUFACTURING (ARTW) director Matthew Westendorf report on this Form 4?

Director Matthew Westendorf reported receiving 1,000 shares of ARTS WAY MANUFACTURING common stock. These shares were granted as fully-vested restricted stock under the company’s director compensation plan, increasing his directly held stake to 28,000 shares after the transaction.

How many ARTS WAY MANUFACTURING (ARTW) shares were granted to Matthew Westendorf?

Matthew Westendorf was granted 1,000 shares of ARTS WAY MANUFACTURING common stock. The filing specifies these as fully-vested restricted stock issued under the director compensation plan, bringing his total directly owned common shares to 28,000 following this award.

Was the ARTS WAY MANUFACTURING (ARTW) stock grant to Matthew Westendorf a purchase or an award?

The transaction was an award, not a market purchase. Form 4 identifies it with code “A” for grant, award, or other acquisition, and the footnote states it represents fully-vested restricted stock granted under the company’s director compensation plan.

What is Matthew Westendorf’s total ARTS WAY MANUFACTURING (ARTW) ownership after the grant?

After receiving 1,000 fully-vested restricted shares, Matthew Westendorf directly owns 28,000 shares of ARTS WAY MANUFACTURING common stock. This total reflects his holdings immediately following the reported director compensation award transaction on the Form 4.

What does the footnote in Matthew Westendorf’s ARTS WAY (ARTW) Form 4 explain?

The footnote clarifies that the reported 1,000 shares are fully-vested restricted stock. They were granted pursuant to ARTS WAY MANUFACTURING’s director compensation plan, confirming the transaction is a compensation award rather than an open-market purchase or sale of shares.
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Farm & Heavy Construction Machinery
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United States
ARMSTRONG