ARTW CEO granted 1,000 new common shares
MCCONNELL MARC H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MCCONNELL MARC H reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC President, CEO and Chairman Marc H. McConnell reported updated holdings and a new stock award. On May 31, 2026, he received a grant of 1,000 shares of Common Stock at $0.00 per share, increasing his direct ownership to 256,500 shares.
The filing also lists indirect holdings, including 2,149,819 shares of Common Stock held through McConnell Legacy Investments, LLC, as well as smaller positions held for two children and an IRA. Footnotes explain that the direct total includes fully vested and restricted stock with risks of forfeiture lapsing on specified future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,000 shares
Grant/Award
5 txns
Insider
MCCONNELL MARC H
Role
President, CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 256,500 shares (Direct);
Common Stock — 5,580 shares (Indirect, By IRA #1);
Common Stock — 5,000 shares (Indirect, By Child #1);
Common Stock — 5,000 shares (Indirect, By Child #2);
Common Stock — 2,149,819 shares (Indirect, McConnell Legacy Investments, LLC)
Footnotes (2)
- F1. Includes (i) 206,501 shares of fully vested stock; (ii) 6,666 shares of restricted stock for which risks of forfeiture lapse on 2/7/2027; (iii) 13,333 shares of restricted stock for which risks of forfeiture lapse as to 6,667 shares on 1/24/2027 and 6,666 shares on 1/24/2028; and (iv) 30,000 shares of restricted stock for which risks of forfeiture lapse as to 10,000 shares on 1/21/2027 and as to 10,000 shares on each of 1/21/2028 and 1/21/2029.
- F2. The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC.
Key Figures
Stock grant: 1,000 shares
Direct holdings after grant: 256,500 shares
Indirect LLC holdings: 2,149,819 shares
+5 more
8 metrics
Stock grant
1,000 shares
Common Stock grant at $0.00 per share on May 31, 2026
Direct holdings after grant
256,500 shares
Common Stock held directly following the award
Indirect LLC holdings
2,149,819 shares
Common Stock held indirectly via McConnell Legacy Investments, LLC
Child #1 indirect holdings
5,000 shares
Common Stock held indirectly by Child #1
Child #2 indirect holdings
5,000 shares
Common Stock held indirectly by Child #2
IRA indirect holdings
5,580 shares
Common Stock held indirectly by IRA #1
Fully vested shares in direct total
206,501 shares
Fully vested Common Stock included in direct holdings
Restricted stock grant
30,000 shares
Restricted stock with risks of forfeiture lapsing 2027–2029
Key Terms
restricted stock, risks of forfeiture, Managing Member, IRA, +1 more
5 terms
restricted stock financial
"shares of restricted stock for which risks of forfeiture lapse"
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.
risks of forfeiture financial
"restricted stock for which risks of forfeiture lapse on 2/7/2027"
Managing Member financial
"The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC."
A managing member is an owner of a limited liability company (LLC) who also has the authority and responsibility to run the company’s day-to-day operations and make business decisions on behalf of the LLC. For investors, this matters because the managing member holds the key decision-making power and accountability—like a team captain who both owns part of the team and calls the plays—which affects strategy, risk, and how quickly the company can act.
IRA financial
"Common Stock, nature_of_ownership: By IRA #1"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ARTW CEO Marc McConnell report on this Form 4?
Marc H. McConnell reported a grant of 1,000 shares of Common Stock at $0.00 per share. This is a compensation-related stock award, not an open-market purchase or sale, and increases his direct ownership.
Does this ARTW Form 4 show any insider selling by Marc McConnell?
The data show no reported open-market sales. The only transaction coded is an A code, described as a grant, award, or other acquisition of 1,000 shares, alongside several holding-only entries updating indirect positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
