Arts-Way (ARTW) Director Granted 1,000 Fully Vested Restricted Shares

Rhea-AI Filing Summary

Randall C. Ramsey, a director of Arts-Way Manufacturing Co., received 1,000 fully vested restricted shares on 08/31/2025 under the company's director compensation plan. The transaction was reported on a Form 4 filed pursuant to Section 16. Following the grant, Mr. Ramsey beneficially owns 72,709 shares of the issuer's common stock, held in a direct capacity.

The reported shares were granted at a $0 purchase price and are described as fully vested restricted stock. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Ramsey and contains an explanation that the award represents director compensation.

Positive

• Director compensation granted: 1,000 fully-vested restricted shares were issued, aligning board interests with shareholders
• Clear disclosure: Form 4 reports direct beneficial ownership of 72,709 shares following the transaction

Negative

• None.

Insights

Corporate Governance Expert

Director received a routine, fully vested restricted stock award; this appears consistent with standard board compensation.

The Form 4 discloses a non-derivative acquisition of 1,000 shares by a director under the director compensation plan, with no cash outlay reported. As a governance matter, issuance of restricted stock to directors is a common method to align interests with shareholders. The filing shows direct beneficial ownership of 72,709 shares post-transaction, which may modestly increase the director's alignment with long-term shareholders but does not suggest a material change to control or ownership concentration.

Securities Analyst

Transaction is procedural and small relative to typical market-cap impacts; not materially affecting ownership structure.

The Form 4 reports a grant of 1,000 fully vested restricted shares at $0, executed 08/31/2025. There are no derivative transactions, no exercise prices, and the filing indicates direct ownership. From a market perspective, this type of director compensation is informational for disclosure purposes but is unlikely to be material to investors or valuation given the absolute size of the grant versus total outstanding shares (not provided in the filing).

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^*

Ramsey Randall C.

(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)
08/31/2025

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	08/31/2025		A		1,000(1)	A	$0	72,709	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 Randall C. Ramsey	08/31/2025
	** 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 Co. (ARTW) report on the Form 4 filed for Randall C. Ramsey?

The Form 4 reports that Director Randall C. Ramsey acquired 1,000 fully vested restricted shares on 08/31/2025, increasing his direct beneficial ownership to 72,709 shares.

Was there any cash paid for the 1,000 shares reported on ARTW's Form 4?

No cash price was reported; the transaction lists a $0 price for the 1,000 fully vested restricted shares.

Does the Form 4 for ARTW show any derivative transactions or options by Randall C. Ramsey?

No. The filing contains only a non-derivative equity grant of common stock and lists no derivative securities.

Under what plan were the shares granted to the ARTW director?

The filing states the shares "represent fully-vested restricted stock granted pursuant to the director compensation plan."

Who signed the Form 4 filing for Randall C. Ramsey?

The Form 4 was signed by Michael W. Woods as Attorney-in-Fact for Randall C. Ramsey on 08/31/2025.