Bassett (BSET) SVP files Form 4 for 280 shares as tax withholding
Rhea-AI Filing Summary
Bassett Furniture Industries executive John E. Bassett III, SVP and Chief Operations Officer, reported a small insider transaction in company common stock. A Form 4 filing shows a code "F" transaction for 280 shares of common stock at a price of $16.52 per share on 11/12/2026, reflecting shares withheld, typically in connection with equity compensation. Following this transaction, he directly beneficially owns 50,971.8531 shares of Bassett Furniture common stock. The total includes shares acquired under the company’s 2000 and 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(a).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 280 shares
Net Sell
1 txn
Insider
BASSETT JOHN E III
Role
SVP, Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 280 | $16.52 | $5K |
Holdings After Transaction:
Common Stock — 50,971.8531 shares (Direct)
Footnotes (2)
- F1. Price of Bassett Furniture Industries Stock at the close of business 01/09/2026.
- F2. Includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).
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FAQ
What insider transaction did BSET report for John E. Bassett III?
The filing reports that John E. Bassett III, SVP and Chief Operations Officer of Bassett Furniture Industries, had a code "F" transaction involving 280 shares of common stock at $16.52 per share on 11/12/2026.
What does transaction code "F" mean in this BSET Form 4 filing?
In this context, code "F" indicates shares were withheld, typically to cover taxes or similar obligations associated with equity-based awards, rather than an open-market sale.
Do John E. Bassett III’s reported holdings in BSET include employee stock purchase plan shares?
Yes. The filing notes that his total includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(a).