Art’s Way grants director 1,000 restricted shares
Director Matthew Westendorf received a fully vested stock award, increasing his direct ARTW holdings to 33,000 shares.
Rhea-AI Filing Summary
ARTS WAY MANUFACTURING CO INC (symbol: ARTW) is the issuer of record for a Form 4 filing submitted to the SEC. Westendorf Matthew reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC (ARTW) reported that director Matthew Westendorf received a grant of 1,000 shares of Common Stock on August 31, 2026, as fully-vested restricted stock under the director compensation plan. Following this award, he directly holds 33,000 shares of ARTW common stock. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,000 shares
Grant/Award
1 txn
Insider
Westendorf Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 33,000 shares (Direct)
Footnotes (1)
- F1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.
Key Figures
Shares granted: 1,000 shares
Shares held after transaction: 33,000 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Shares granted
1,000 shares
Fully-vested restricted stock award to director on August 31, 2026
Shares held after transaction
33,000 shares
Director Matthew Westendorf’s direct ARTW common stock holdings after the award
Grant price per share
$0.00 per share
Reported for the 1,000-share fully-vested restricted stock grant
Transaction date
August 31, 2026
Date of the fully-vested restricted stock grant to the director
Key Terms
restricted stock, director compensation plan, fully-vested
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"
fully-vested financial
"Represents fully-vested restricted stock granted pursuant to the director compensation plan"
FAQ
What insider transaction did ARTW disclose for director Matthew Westendorf?
ARTW disclosed that director Matthew Westendorf received a grant of 1,000 shares of fully-vested restricted common stock on August 31, 2026 under the director compensation plan.
Was the ARTW Form 4 stock award to Matthew Westendorf granted at a cash purchase price?
No. The Form 4 reports a grant of 1,000 shares of ARTW common stock at a reported price of $0.00 per share, reflecting a fully-vested restricted stock award under the director compensation plan rather than a market purchase.
Is the ARTW Form 4 transaction for Matthew Westendorf under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, so this 1,000-share restricted stock grant to director Matthew Westendorf is not reported as made under a Rule 10b5-1 trading plan.
What type of equity award did ARTW grant to director Matthew Westendorf?
The award is described as fully-vested restricted stock granted pursuant to ARTW’s director compensation plan, consisting of 1,000 shares of common stock reported on August 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.