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Art's Way (NASDAQ: ARTW) CFO gets 15,000-share stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Art's Way Manufacturing Chief Financial Officer Michael W. Woods reported an equity award of 15,000 shares of common stock on January 21, 2026 at a price of $0 per share, indicating a stock grant rather than an open-market purchase.

Following this grant, Woods beneficially owns 41,999 shares of Art's Way common stock in direct form. This total includes a mix of fully vested shares and restricted stock that vests over time, with portions scheduled to lapse forfeiture risks on January 26, 2026, February 7, 2026 and 2027, January 24, 2026, 2027 and 2028, and January 21, 2027, 2028 and 2029.

Positive

  • None.

Negative

  • None.
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
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*
Woods Michael William

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026
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 01/21/2026 A 15,000 A $0 41,999(1) D
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) 8,000 shares of fully vested stock; (ii) 2,333 shares of restricted stock for which risks of forfeiture lapse on 1/26/2026; (iii) 6,666 shares of restricted stock for which risks of forfeiture lapse as to 3,333 shares on each of 2/7/2026 and 2/7/2027; (iv) 10,000 shares of restricted stock for which risks of forfeiture lapse as to 3,334 shares on 1/24/2026 and as to 3,333 shares on each of 1/24/2027 and 1/24/2028 and (v) 15,000 shares of restricted stock for which risks of forfeiture lapse as to 5,000 shares on each 1/21/2027, 1/21/2028 and 1/21/2029.
/s/ Michael W. Woods 01/22/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did ARTW's CFO report on this Form 4?

Art's Way Manufacturing (symbol ARTW) Chief Financial Officer Michael W. Woods reported an acquisition of 15,000 shares of common stock on January 21, 2026, coded as an acquisition at a price of $0 per share, reflecting a share grant.

How many ARTW shares does the CFO beneficially own after this transaction?

After the reported transaction, CFO Michael W. Woods beneficially owns a total of 41,999 shares of Art's Way common stock, held directly.

Is the ARTW CFO's Form 4 transaction a purchase or a grant?

The Form 4 for Art's Way Manufacturing shows a transaction code "A" and a price of $0 per share for 15,000 shares, indicating an equity grant rather than a market purchase.

What portion of the ARTW CFO's holdings are restricted stock with vesting schedules?

The reported 41,999 shares include (i) 8,000 fully vested shares and multiple blocks of restricted stock with forfeiture risks lapsing on specific dates in 2026, 2027, 2028, and 2029, as outlined in the footnote.

Over what dates will the ARTW CFO's restricted stock vest?

The footnote explains that forfeiture risks lapse on January 26, 2026; February 7, 2026 and 2027; January 24, 2026, 2027 and 2028; and for the new 15,000-share grant, on January 21, 2027, 2028 and 2029.

Does the ARTW CFO hold ARTW shares directly or indirectly?

The Form 4 indicates that the 41,999 shares of Art's Way common stock are held with direct ownership by the CFO, with no indirect ownership entity noted.

Art's-Way Manufacturing

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Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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United States
ARMSTRONG