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