STOCK TITAN

Crown Crafts (CRWS) director gets restricted stock grant and gifts shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CROWN CRAFTS INC director Zenon S. Nie reported several equity movements in Common Stock on August 13, 2026. He received a grant of 33,546 restricted shares under the Amended and Restated 2021 Incentive Plan, vesting on the earlier of August 13, 2027 or the date immediately preceding the company’s 2027 annual stockholders’ meeting. He also made a bona fide gift of 34,944 shares to his spouse, shifting those shares from his direct holdings to indirect ownership "by spouse," with 244,452 shares reported as held indirectly after the gift.

Positive

  • None.

Negative

  • None.
Insider NIE ZENON S
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 33,546 $0.00 $0.00
Gift Common Stock F2 34,944 $0.00 $0.00
Gift Common Stock F2 34,944 $0.00 $0.00
Holdings After Transaction: Common Stock — 93,546 shares (Direct); Common Stock — 244,452 shares (Indirect, By spouse)
Footnotes (2)
  1. F1. Restricted stock grant pursuant to Issuer's Amended and Restated 2021 Incentive Plan, vesting on the earlier of: (i) August 13, 2027 or (ii) the date immediately preceding the date of the Issuer's 2027 Annual Meeting of Stockholders.
  2. F2. This transaction involved the gift of securities from the Reporting Person to his spouse, who shares the Reporting Person's household.
Restricted stock grant 33,546 shares Common Stock awarded on August 13, 2026 under the Amended and Restated 2021 Incentive Plan
Gifted shares 34,944 shares Bona fide gift of Common Stock from reporting person to spouse on August 13, 2026
Indirect holdings by spouse 244,452 shares Common Stock reported as indirectly owned "By spouse" following the August 13, 2026 gift
Gifted share total in filing 69,888 shares Aggregate shares involved in bona fide gift transactions (two G-code rows of 34,944 shares each)
Vesting date trigger August 13, 2027 Latest potential vesting date for the 33,546-share restricted stock grant
Restricted stock grant financial
"Restricted stock grant pursuant to Issuer's Amended and Restated 2021 Incentive Plan"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Amended and Restated 2021 Incentive Plan financial
"Restricted stock grant pursuant to Issuer's Amended and Restated 2021 Incentive Plan"
bona fide gift financial
"This transaction involved the gift of securities from the Reporting Person to his spouse"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Common Stock, transaction marked as indirect with nature of ownership "By spouse""

FAQ

What did CRWS director Zenon S. Nie receive in this Form 4 filing?

Zenon S. Nie received a grant of 33,546 restricted shares of CROWN CRAFTS INC Common Stock. The grant was made under the Amended and Restated 2021 Incentive Plan as reported for the transaction date of August 13, 2026.

When do Zenon S. Nie’s 33,546 restricted CRWS shares vest?

The 33,546 restricted shares vest on the earlier of August 13, 2027 or the date immediately preceding CROWN CRAFTS INC’s 2027 Annual Meeting of Stockholders, according to the terms described in the filing’s footnote.

What gift transaction involving CRWS stock did Zenon S. Nie report?

Zenon S. Nie reported a bona fide gift of 34,944 Common Stock shares on August 13, 2026. The filing states the securities were gifted to his spouse, who shares his household, changing how the shares are held and reported.

How many CRWS shares are indirectly held by Zenon S. Nie’s spouse after the gift?

After the gift transaction, 244,452 shares of CROWN CRAFTS INC Common Stock are reported as held indirectly "by spouse". This reflects the post-transaction position linked to the household-related gift described in the footnote.

Were any CRWS shares bought or sold for cash in this Form 4?

No cash purchases or sales are reported; per-share prices are $0.0000. The transactions consist of a restricted stock grant and a bona fide gift between Zenon S. Nie and his spouse, rather than open-market trades.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
NIE ZENON S

(Last)(First)(Middle)
PO BOX 1028

(Street)
GONZALES LOUISIANA 70707-1028

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CROWN CRAFTS INC [ CRWS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)08/13/2026A33,546A$0128,490D
Common Stock(2)08/13/2026G34,944D$093,546D
Common Stock(2)08/13/2026G34,944A$0244,452IBy spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock grant pursuant to Issuer's Amended and Restated 2021 Incentive Plan, vesting on the earlier of: (i) August 13, 2027 or (ii) the date immediately preceding the date of the Issuer's 2027 Annual Meeting of Stockholders.
2. This transaction involved the gift of securities from the Reporting Person to his spouse, who shares the Reporting Person's household.
/s/ Daniel W. Miller, on behalf of Zenon S. Nie08/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)