Bassett Furniture (BSET) director awarded 2,857 restricted shares at $14

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Form Type

Rhea-AI Filing Summary

Wampler William C Jr reported acquisition or exercise transactions in this Form 4 filing.

Bassett Furniture Industries director William C. Wampler Jr. received a grant of 2,857 shares of restricted common stock at a reference price of $14.00 per share. The award was made under the 2021 Stock Incentive Plan and vests in one year.

The restricted shares are subject to risk of forfeiture until they vest and must comply with the company’s stock ownership guidelines. Following this compensation-related grant, Wampler directly holds 30,867 shares of Bassett Furniture Industries common stock.

Insider Trade Summary

Net Buyer: 2,857 shares

Net Buy 1 txn

Insider Wampler William C Jr

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,857	$14.00	$40K

Holdings After Transaction: Common Stock — 30,867 shares (Direct)

Footnotes (3)

F1. Restricted stock granted under the 2021 Stock Incentive Plan which is a Rule 16b-3 plan; vests in one year.
F2. Risk of forfeiture until vesting and subject to stock ownership guidelines.
F3. Price of Bassett Furniture Industries Stock at the close of business 03/11/2026.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/13/2026 - 01:40 PM

FAQ

What insider transaction did BSET director William C. Wampler Jr. report?

Director William C. Wampler Jr. reported receiving 2,857 shares of restricted common stock as an equity grant. The award is a compensation-related acquisition, not an open-market purchase, and was issued under Bassett Furniture’s 2021 Stock Incentive Plan.

At what price was the restricted stock grant for BASSETT FURNITURE (BSET) valued?

The restricted stock grant was valued using a reference price of $14.00 per share. This reflects the closing price of Bassett Furniture Industries stock on March 11, 2026, the date of the reported transaction in the Form 4 filing.

When do the newly granted BSET restricted shares vest for the director?

The 2,857 restricted shares granted to director William C. Wampler Jr. vest in one year. Until that vesting date, the award is subject to risk of forfeiture and must also comply with the company’s stock ownership guidelines.

How many BASSETT FURNITURE (BSET) shares does William C. Wampler Jr. hold after the grant?

After the restricted stock grant, William C. Wampler Jr. directly holds 30,867 shares of Bassett Furniture Industries common stock. This figure reflects his updated ownership position reported in the Form 4 following the equity award.

Is the BSET director’s transaction an open-market buy or a compensation grant?

The transaction is a compensation grant of restricted stock, not an open-market buy. The Form 4 classifies it as a grant or award acquisition under the company’s 2021 Stock Incentive Plan, with vesting and forfeiture conditions attached.

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^*

Wampler William C Jr

(Last)

(First)

(Middle)

3525 FAIRYSTONE PARK HWY

P O BOX 626

(Street)

BASSETT

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/11/2026		A		2,857⁽¹⁾⁽²⁾	A	$14⁽³⁾	30,867	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ William Wampler, Jr.	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.

Source: View Original Filing on SEC EDGAR