Arts Way director granted 3,000 restricted shares

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

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 3,000 shares of fully vested restricted common stock under the director compensation plan. After this award, he directly holds a total of 31,000 shares of the company’s common stock as of the reported transaction date.

Insider Trade Summary

Grant/Award: 3,000 shares

Grant/Award 1 txn

Insider Westendorf Matthew

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 31,000 shares (Direct)

Footnotes (1)

1. F1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.

Key Figures

Restricted stock grant: 3,000 shares Total shares after transaction: 31,000 shares Transaction date: 2026-04-21

3 metrics

Restricted stock grant 3,000 shares Fully-vested restricted common stock under director compensation plan

Total shares after transaction 31,000 shares Director’s direct ownership following the 3,000-share grant

Transaction date 2026-04-21 Date of reported stock grant on Form 4

Key Terms

restricted stock, director compensation plan, Grant, award, or other acquisition

3 terms

restricted stock financial

"Represents fully-vested restricted stock granted pursuant to the director compensation plan."

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.

director compensation plan financial

"restricted stock granted pursuant to the director compensation plan."

Grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ARTW director Matthew Westendorf report on this Form 4?

Director Matthew Westendorf reported receiving a grant of 3,000 shares of fully vested restricted common stock in Arts Way Manufacturing. This grant was made under the company’s director compensation plan, increasing his direct ownership position in the company.

How many ARTW shares does Matthew Westendorf hold after this grant?

Following the reported grant, Matthew Westendorf directly holds 31,000 shares of Arts Way Manufacturing common stock. This total reflects the addition of 3,000 fully vested restricted shares awarded under the director compensation plan on the reported transaction date.

Was the ARTW stock grant to Matthew Westendorf an open-market purchase?

No, the filing shows a Form 4 code “A”, indicating a grant, award, or other acquisition, not an open-market purchase. Footnote disclosure states the 3,000 shares are fully vested restricted stock granted under the director compensation plan.

What does “fully-vested restricted stock” mean in the ARTW Form 4 footnote?

The footnote states the 3,000 shares are fully-vested restricted stock granted under the director compensation plan. This means the shares have already met vesting conditions and belong to the director, though they may still be subject to standard transfer or holding restrictions.

Does the ARTW Form 4 show any stock sales by Matthew Westendorf?

The provided Form 4 data for Arts Way Manufacturing shows one acquisition transaction for 3,000 shares and no reported sales. Transaction summary fields list zero sell transactions and classify the event as a grant or award acquisition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/22/2026 - 10:39 AM EDT Learn about SEC filing dates

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 IOWA 50514

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/21/2026		A		3,000(1)	A	$0	31,000	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	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)