STOCK TITAN

Director at Arts Way (NASDAQ: ARTW) receives 1,000-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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"
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Westendorf Matthew

(Last)(First)(Middle)
5556 HIGHWAY 9

(Street)
ARMSTRONG IOWA 50514

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/31/2026A1,000(1)A$032,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents fully-vested restricted stock granted pursuant to the director compensation plan.
/s/ Michael W. Woods as Attorney-in-Fact for Matthew Westendorf06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many ARTS WAY (ARTW) shares does Matthew Westendorf hold after this grant?

After receiving 1,000 fully vested restricted shares, Matthew Westendorf directly holds 32,000 shares of ARTS WAY Common Stock. This total reflects his position immediately following the reported award on May 31, 2026, according to the Form 4 data.

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.