Insider Marc H. McConnell (ARTW) awarded 1,000 company shares

Rhea-AI Filing Summary

ARTS WAY MANUFACTURING CO INC director, president, CEO and chairman Marc H. McConnell reported an award of 1,000 shares of common stock on February 28, 2026. This was classified as a grant or other acquisition rather than an open-market purchase.

After this award, his directly held common stock position rose to 252,500 shares. The filing also lists indirect holdings in an IRA, accounts for two children, and McConnell Legacy Investments, LLC, where he serves as managing member.

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^*

MCCONNELL MARC H

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		A		1,000	A	$0	252,500(1)	D
Common Stock								5,580	I	By IRA #1
Common Stock								5,000	I	By Child #1
Common Stock								5,000	I	By Child #2
Common Stock								2,149,819	I	McConnell Legacy Investments, LLC(2)

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. Includes (i) 202,501 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.

2. The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC.

	/s/ Michael W. Woods as Attorney-in-Fact for Marc H. McConnell	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did ARTW report for Marc H. McConnell?

Marc H. McConnell reported receiving an award of 1,000 ARTW common shares on February 28, 2026. The transaction is coded as a grant or other acquisition, not an open-market trade, and increases his directly held stake to 252,500 shares.

Was the ARTW insider transaction a stock purchase or a grant?

The ARTW insider event was a stock grant, not a market purchase. It is coded as a "Grant, award, or other acquisition," indicating shares were awarded to Marc H. McConnell rather than bought in the open market for cash consideration.

How many ARTW shares does Marc H. McConnell hold directly after the grant?

Following the February 28, 2026 award, Marc H. McConnell directly holds 252,500 ARTW common shares. This total includes fully vested stock and several tranches of restricted stock that vest on specific future dates described in the filing footnotes.

What indirect ARTW holdings are associated with Marc H. McConnell?

Indirect ARTW holdings listed include 5,580 shares in an IRA, 5,000 shares for Child #1, 5,000 shares for Child #2, and 2,149,819 shares held by McConnell Legacy Investments, LLC, where he serves as managing member according to the filing footnotes.

What roles does Marc H. McConnell hold at ARTS WAY MANUFACTURING CO INC?

Marc H. McConnell serves simultaneously as president, CEO and chairman of ARTS WAY MANUFACTURING CO INC and is also a more-than-10% owner. These roles are disclosed in the insider report detailing his recent equity award and share ownership structure.

How are ARTW restricted stock awards structured for Marc H. McConnell?

His ARTW stake includes multiple restricted stock grants with staggered vesting. Vesting dates include February 7, 2027, January 24, 2027 and 2028, and January 21 of 2027, 2028 and 2029, as detailed in the footnotes describing when forfeiture risks lapse.