Director Buffamante receives 1,000-share grant at Arts Way (NASDAQ: ARTW)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buffamante Thomas E reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC director Thomas E. Buffamante received a grant of 1,000 shares of common stock as part of the company’s director compensation plan. These fully vested restricted shares increased his directly held stake to 60,000 common shares following the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buffamante Thomas E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did ARTW director Thomas E. Buffamante report on this Form 4?
Thomas E. Buffamante reported acquiring 1,000 shares of ARTS WAY MANUFACTURING CO INC common stock. The filing states this was a fully vested restricted stock grant made under the company’s director compensation plan, rather than an open-market purchase or sale transaction.
Was the ARTW Form 4 transaction a stock purchase or a restricted stock grant?
The ARTW Form 4 reflects a restricted stock grant, not a market purchase. A footnote explains the 1,000 shares represent fully vested restricted stock issued pursuant to the director compensation plan, with a reported per-share transaction price of $0.0000 on the form.
What is the transaction code used in the ARTW Form 4 for this award?
The Form 4 uses transaction code “A” for this award to the ARTW director. The filing describes this code as a grant, award, or other acquisition, consistent with the 1,000-share fully vested restricted stock grant under the company’s director compensation plan.