Bassett Furniture (BSET) director granted 2,857 shares in stock award

Rhea-AI Filing Summary

Battle Emma S. reported acquisition or exercise transactions in this Form 4 filing.

Bassett Furniture Industries director Emma S. Battle received a restricted stock grant of 2,857 shares of Common Stock at $14.00 per share. The award was granted under the company’s 2021 Stock Incentive Plan, which is designated as a Rule 16b-3 plan.

The restricted shares vest in one year and carry a risk of forfeiture until vesting and are subject to stock ownership guidelines. Following this grant, Battle directly holds a total of 13,667 Bassett Furniture shares.

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^*

Battle Emma S.

(Last) (First) (Middle)

3525 FAIRYSTONE PARK HWY

P O BOX 626

(Street)

BASSETT VA 24055

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BASSETT FURNITURE INDUSTRIES INC [ BSET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		A		2,857(1)(2)	A	$14(3)	13,667	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. Restricted stock granted under the 2021 Stock Incentive Plan which is a Rule 16b-3 plan; vests in one year.

2. Risk of forfeiture until vesting and subject to stock ownership guidelines.

3. Price of Bassett Furniture Industries Stock at the close of business 03/11/2026.

	/s/ Emma Battle	03/13/2026
	** 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 Emma S. Battle report for BASSETT FURNITURE (BSET)?

Emma S. Battle reported receiving a grant of 2,857 shares of Bassett Furniture Common Stock. The shares were issued as restricted stock under the company’s 2021 Stock Incentive Plan and are treated as a compensation-related award rather than an open-market purchase.

How many BASSETT FURNITURE (BSET) shares were granted and at what price?

Emma S. Battle was granted 2,857 shares of Bassett Furniture Common Stock at $14.00 per share. The $14.00 price reflects the closing price of Bassett Furniture stock on March 11, 2026, as described in the transaction footnotes.

When do Emma S. Battle’s restricted BASSETT FURNITURE (BSET) shares vest?

The restricted stock granted to Emma S. Battle vests in one year. Until that one-year vesting date is reached, the award remains subject to a risk of forfeiture and is tied to the company’s stock ownership guidelines for directors.

What restrictions apply to Emma S. Battle’s BASSETT FURNITURE (BSET) stock grant?

The granted shares are restricted stock with a risk of forfeiture until they vest after one year. They were issued under the 2021 Stock Incentive Plan and are also subject to Bassett Furniture’s stock ownership guidelines for covered individuals.

How many BASSETT FURNITURE (BSET) shares does Emma S. Battle hold after this grant?

After the reported grant, Emma S. Battle directly holds 13,667 shares of Bassett Furniture Common Stock. This total includes the newly granted restricted shares, which will fully vest after one year if the vesting conditions are satisfied.

Is Emma S. Battle’s BASSETT FURNITURE (BSET) transaction a market buy or a compensation award?

The transaction is a compensation-related stock award, not a market purchase. It is coded as a grant or award acquisition under the company’s 2021 Stock Incentive Plan and classified as restricted stock subject to vesting and forfeiture risk.