Crown Crafts (CRWS) director gets restricted stock grant and gifts shares
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 Trade Summary
Net Buyer: 33,546 shares
Net Buy
3 txns
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)
- 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.
- F2. This transaction involved the gift of securities from the Reporting Person to his spouse, who shares the Reporting Person's household.
Key Figures
Restricted stock grant: 33,546 shares
Gifted shares: 34,944 shares
Indirect holdings by spouse: 244,452 shares
+2 more
5 metrics
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
Key Terms
Restricted stock grant, Amended and Restated 2021 Incentive Plan, bona fide gift, indirect ownership
4 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.