Bassett Furniture (BSET) officer reports 210-share stock disposition filing

Rhea-AI Filing Summary

Bassett Furniture Industries officer Jay R. Hervey reported a small disposition of company stock. On 01/11/2026, he disposed of 210 shares of Bassett Furniture Industries common stock at a price of $16.52 per share. Following this transaction, he beneficially owned 10,722.58 shares of common stock in direct form. The holding total includes shares acquired under the company’s 2000 and 2017 Employee Stock Purchase Plans, which were obtained in transactions exempt under Rule 16-3(a).

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

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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^*

HERVEY JAY R

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Pres Sec & Gen Counsel

3. Date of Earliest Transaction (Month/Day/Year)
01/11/2026

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	01/11/2026		F		210	D	$16.52(1)	10,722.58(2)	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. Price of Bassett Furniture Industries Stock at the close of business 01/09/2026.

2. Includes shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).

	/s/ Jay R. Hervey	01/12/2026
	** 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

Who is the insider in the BSET Form 4 filing and what is their role?

The insider is Jay R. Hervey, who serves as Vice President, Secretary and General Counsel of Bassett Furniture Industries.

What transaction did Jay R. Hervey report in this Bassett Furniture (BSET) Form 4?

He reported a disposition of 210 shares of Common Stock of Bassett Furniture Industries on 01/11/2026, coded as transaction type F.

At what price were the Bassett Furniture shares disposed of in this Form 4?

The 210 shares of Bassett Furniture Industries common stock were disposed of at a price of $16.52 per share, which reflects the stock price at the close of business on 01/09/2026.

How many Bassett Furniture (BSET) shares does the insider own after this Form 4 transaction?

After the reported transaction, Jay R. Hervey beneficially owned 10,722.58 shares of Bassett Furniture Industries common stock in direct ownership.

Does this Bassett Furniture Form 4 involve any derivative securities?

No. The filing’s Table II for derivative securities shows no entries, indicating this report covers only non-derivative common stock.

What do the footnotes in this Bassett Furniture (BSET) Form 4 explain?

The footnotes state that the $16.52 price is the Bassett Furniture Industries stock price at the close of business on 01/09/2026, and that the reported holdings include shares acquired under the 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(a).