Arts Way Manufacturing (ARTW) awards director 1,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
White David Allan reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC reported that director David Allan White received a grant of 1,000 shares of common stock as fully-vested restricted stock under the company’s director compensation plan. After this award, his direct common stock holdings increased to 47,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White David Allan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ARTW director David Allan White report?
David Allan White reported receiving a grant of 1,000 shares of common stock from ARTS WAY MANUFACTURING CO INC. The award consisted of fully-vested restricted stock issued under the company’s director compensation plan, increasing his direct ownership position.
What type of security was involved in the ARTW insider transaction?
The transaction involved common stock of ARTS WAY MANUFACTURING CO INC. The director received 1,000 shares as fully-vested restricted stock, issued pursuant to the company’s director compensation plan rather than bought on the open market.
What does fully-vested restricted stock mean in the ARTW grant?
In this context, fully-vested restricted stock means the 1,000 awarded shares are not subject to additional vesting conditions. Although labeled restricted stock, they were immediately vested when granted under the director compensation plan.