Director at Arts Way (NASDAQ: ARTW) receives 1,000-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westendorf Matthew reported acquisition or exercise transactions in this Form 4 filing.
ARTS WAY MANUFACTURING CO INC director Matthew Westendorf received 1,000 shares of Common Stock as a fully vested restricted stock grant. The shares were awarded on May 31, 2026 under the director compensation plan and increased his direct holdings to 32,000 shares. This is a compensation-related equity award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Westendorf Matthew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,000 shares
Holdings after transaction: 32,000 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Shares granted
1,000 shares
Fully-vested restricted stock grant on May 31, 2026
Holdings after transaction
32,000 shares
Total direct Common Stock held by director after grant
Grant price per share
$0.00 per share
Equity compensation award, non-cash
Transaction code
A
Grant, award, or other acquisition of non-derivative Common Stock
Key Terms
fully-vested restricted stock, director compensation plan, Common Stock, Grant, award, or other acquisition
4 terms
fully-vested restricted stock financial
"Represents fully-vested restricted stock granted pursuant to the director compensation plan."
director compensation plan financial
"Represents fully-vested restricted stock granted pursuant to the director compensation plan."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did ARTS WAY (ARTW) report for Matthew Westendorf?
ARTS WAY reported that director Matthew Westendorf received 1,000 shares of Common Stock as a fully vested restricted stock grant. The grant was made under the company’s director compensation plan and represents a non-cash equity award rather than a market trade.
Was the ARTS WAY (ARTW) insider transaction a stock purchase or a grant?
The transaction was a stock grant, not a purchase. The Form 4 classifies it as a grant, award, or other acquisition, with a price per share of $0.00, indicating compensation in the form of fully vested restricted stock to the director.
What does ‘fully-vested restricted stock’ mean in the ARTS WAY (ARTW) filing?
Fully-vested restricted stock means the granted shares are not subject to additional vesting conditions. In this case, the director’s 1,000-share award under the director compensation plan is immediately owned outright, though it may still be subject to standard company or securities-law transfer restrictions.
Does the ARTS WAY (ARTW) Form 4 indicate any stock sales by the director?
The Form 4 does not show any stock sales for this event. It reports only an acquisition classified as a grant, award, or other acquisition of 1,000 shares, with no corresponding sale or disposition transaction listed in the provided data.