Bassett Furniture (BSET) SVP reports 280-share trade in Form 4 filing

Rhea-AI Filing Summary

Bassett Furniture Industries executive Daniel John Michael, SVP and Chief Financial/Admin Officer, reported a small common stock transaction. On January 11, 2026, a Form 4 filing shows a transaction in 280 shares of common stock with a transaction code "F" at a price of $16.52 per share, which matches the Bassett Furniture Industries stock price at the close of business on January 9, 2026.

Following this transaction, he is reported to beneficially own 54,713.75 shares of the company’s common stock in direct ownership. This total includes shares acquired under the company’s 2000 and 2017 Employee Stock Purchase Plans in transactions described as 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

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^*

Daniel John Michael

(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)
	SVP, Chief Fin./Admin. Officer

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		280	D	$16.52(1)	54,713.75(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/ John Michael Daniel	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

What insider transaction did BSET executive Daniel John Michael report?

The Form 4 reports that Daniel John Michael, SVP and Chief Financial/Admin Officer of Bassett Furniture Industries (BSET), had a transaction in 280 shares of common stock on January 11, 2026, coded as transaction type "F".

At what price were the 280 BSET shares reported in the Form 4?

The 280 shares of Bassett Furniture Industries common stock are shown with a transaction price of $16.52 per share, which a footnote explains is the stock price at the close of business on January 9, 2026.

How many Bassett Furniture (BSET) shares does Daniel John Michael own after the transaction?

After the reported transaction, Daniel John Michael is listed as beneficially owning 54,713.75 shares of Bassett Furniture Industries common stock, held in direct ownership.

What is Daniel John Michael’s role at Bassett Furniture (BSET)?

In the Form 4, Daniel John Michael is identified as an officer of Bassett Furniture Industries with the title SVP, Chief Fin./Admin. Officer, and he is not marked as a director or 10% owner.

Do Daniel John Michael’s reported BSET holdings include Employee Stock Purchase Plan shares?

A footnote states that his beneficial holdings include shares acquired under Bassett Furniture Industries’ 2000 and/or 2017 Employee Stock Purchase Plans in transactions exempt under Rule 16-3(A).

Is the reported BSET Form 4 transaction direct or indirect ownership?

The Form 4 identifies the 280-share transaction and the 54,713.75 shares beneficially owned following the transaction as held in direct (D) ownership, with no separate indirect ownership entity listed.