Crown Crafts (CRWS) awards 33,546 restricted shares to director Michael Benstock
Rhea-AI Filing Summary
BENSTOCK MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
CROWN CRAFTS INC director Michael Benstock received a grant of 33,546 shares of Common Stock as restricted stock under the company’s Amended and Restated 2021 Incentive Plan on August 13, 2026. These shares vest on the earlier of August 13, 2027 or the date immediately preceding the company’s 2027 annual stockholders meeting. Following this award, Benstock directly holds 103,887 shares of Crown Crafts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33,546 shares
Net Buy
1 txn
Insider
BENSTOCK MICHAEL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 33,546 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 103,887 shares (Direct)
Footnotes (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.
Key Figures
Restricted stock granted: 33,546 shares
Holdings after transaction: 103,887 shares
Vesting date: August 13, 2027
+1 more
4 metrics
Restricted stock granted
33,546 shares
Grant of Common Stock to director Michael Benstock on August 13, 2026
Holdings after transaction
103,887 shares
Total direct Common Stock holdings of Michael Benstock after the award
Vesting date
August 13, 2027
Vest on earlier of August 13, 2027 or date immediately before 2027 annual meeting
Transaction price per share
$0.0000
Per-share value reported for the grant of 33,546 restricted shares
Key Terms
Restricted stock grant, Amended and Restated 2021 Incentive Plan, vesting
3 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"
vesting financial
"vesting on the earlier of: (i) August 13, 2027 or (ii) the date immediately"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did CROWN CRAFTS INC (CRWS) report for Michael Benstock?
CROWN CRAFTS INC reported that director Michael Benstock received a grant of 33,546 restricted shares of Common Stock on August 13, 2026 as an equity award under the company’s Amended and Restated 2021 Incentive Plan.
Was Michael Benstock’s CRWS equity award made under a specific incentive plan?
Yes. The 33,546 restricted shares were granted pursuant to CROWN CRAFTS INC’s Amended and Restated 2021 Incentive Plan, which governs the terms of the award, including vesting tied to time and the 2027 Annual Meeting of Stockholders.
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