Arts-Way (ARTW) Form 4: 1,000-share director grant increases holdings to 45,000

Rhea-AI Filing Summary

David A. White, a director of Arts-Way Manufacturing Co Inc (ARTW), received a grant of 1,000 fully-vested restricted shares on 08/31/2025 under the companys director compensation plan. The grant was recorded at a transaction price of $0 and increased his reported beneficial ownership to 45,000 shares. The Form 4 was signed by an attorney-in-fact for Mr. White on 08/31/2025.

Positive

• Director received equity compensation in the form of 1,000 fully-vested restricted shares
• Beneficial ownership disclosed: the reporting person holds 45,000 shares following the transaction
• Transaction recorded as non-cash grant (transaction price $0) under the director compensation plan

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation recorded as a grant of fully-vested restricted shares; non-cash award increases reported beneficial ownership.

This Form 4 documents a standard director compensation event: a grant of 1,000 fully-vested restricted shares at no cash cost to the director, reflecting equity-based pay rather than a market purchase. Such grants are common for board members and typically intended to align director interests with shareholders. The filing is administrative and does not itself indicate a change in board composition, control, or company strategy.

Securities Analyst

TL;DR: Insignificant market impact; 1,000-share grant raises reported holdings to 45,000 shares.

The reported transaction shows an award (transaction code A) of 1,000 shares recorded at $0, increasing the reporting persons beneficial ownership to 45,000 shares. As a single director grant, this is unlikely to be material to ARTWs capitalization or trading dynamics absent larger or recurring awards disclosed elsewhere. The form is signed by an attorney-in-fact, indicating procedural execution of 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

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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^*

White David Allan

(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	45,000	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 David A. White	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 transaction was reported on the ARTW Form 4 by David A. White?

The Form 4 reports a grant of 1,000 fully-vested restricted shares to David A. White on 08/31/2025 under the director compensation plan.

How many ARTW shares does David A. White beneficially own after the reported transaction?

Following the reported transaction, David A. White beneficially owns 45,000 shares of ARTW.

What was the price recorded for the shares granted to the director on the Form 4?

The transaction price is recorded as $0, indicating the shares were granted rather than purchased.

What is the nature of the shares granted according to the filing?

The filing states the 1,000 shares represent fully-vested restricted stock granted pursuant to the director compensation plan.

Who signed the Form 4 filing for David A. White?

The Form 4 was signed by Michael W. Woods as Attorney-in-Fact for David A. White on 08/31/2025.