Director Buffamante receives 1,000-share stock grant at ARTS WAY (ARTW)
Rhea-AI Filing Summary
Buffamante Thomas E reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC director Thomas E. Buffamante received a stock grant of 1,000 shares of Common Stock as compensation. The award was fully vested restricted stock granted under the director compensation plan and carried no cash purchase price.
After this grant, Buffamante directly owns 64,000 shares of the company’s common stock. Because this is a compensation-related award rather than an open-market trade, it reflects routine equity-based pay for board service rather than an active market purchase or sale decision.
Positive
- None.
Negative
- None.
Insights
Director received routine fully vested stock grant as board compensation.
Director Thomas E. Buffamante was granted 1,000 shares of ARTS WAY MANUFACTURING common stock as fully vested restricted stock under the director compensation plan. The transaction code A and zero price indicate a non-cash, compensation-related equity award rather than a market trade.
Following the grant, Buffamante directly holds 64,000 shares. With only 1,000 shares added, the filing shows a modest incremental increase in his equity stake. As a standard director compensation grant, this event is typically viewed as administrative and carries limited informational value about views on the stock’s valuation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.
Key Figures
Key Terms
restricted stock financial
director compensation plan financial
Common Stock financial
Grant, award, or other acquisition financial
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