Crown Crafts (CRWS) Form 4: Director Receives 34,944 Restricted Shares

Rhea-AI Filing Summary

Donald R. Ratajczak, a director of Crown Crafts Inc. (CRWS), was granted 34,944 restricted shares on 08/14/2025 under the company's 2021 Incentive Plan. The grant carries a $0 purchase price and vests on the earlier of August 14, 2026 or the day before the issuer's 2026 annual meeting of stockholders. Following the award, Mr. Ratajczak beneficially owns 301,181 shares. This Form 4 was signed on behalf of the reporting person and filed on 08/18/2025. The filing shows a routine, non-cash restricted stock grant to an insider with specified vesting terms.

Positive

• Director received 34,944 restricted shares under the 2021 Incentive Plan, indicating alignment with shareholder interests
• Beneficial ownership increased to 301,181 shares, modestly strengthening insider stake
• Vesting is time-based (earlier of August 14, 2026 or the day before the 2026 annual meeting), supporting retention

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received a time-based restricted stock grant, aligning interests with shareholders without immediate dilution.

The restricted share award of 34,944 shares at no cash cost is a standard equity-compensation practice to retain directors and align their incentives with long-term shareholder value. Vesting is time- and event-based, expiring the earlier of August 14, 2026 or the day before the 2026 annual meeting, which ties retention to a multi-year horizon. The incremental ownership increases the director's stake to 301,181 shares, modestly strengthening insider alignment. There is no exercised option, no cash consideration, and no immediate transfer of economic benefit prior to vesting.

Securities Analyst

TL;DR: Routine insider grant; not likely to materially affect valuation or share count until vesting.

This Form 4 reports a non-derivative acquisition of restricted common stock under the 2021 Incentive Plan. Because the grant price is $0 and vesting is deferred, there is no immediate cash flow or market sale involved. The change raises the reporting person's beneficial holdings to 301,181 shares, but the filing does not indicate acceleration, transfer, or planned disposition. For investors, this is a routine governance disclosure rather than a material corporate event.

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

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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^*

RATAJCZAK DONALD R

(Last) (First) (Middle)

1681 LADY MARION LANE

(Street)

ATLANTA GA 30309

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CROWN CRAFTS INC [ CRWS ]

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)
08/14/2025

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(1)	08/14/2025		A		34,944	A	$0	301,181	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. Restricted stock grant pursuant to Issuer's 2021 Incentive Plan, vesting on the earlier of: (i) August 14, 2026 or (ii) the date immediately preceding the date of the Issuer's 2026 Annual Meeting of Stockholders.

	/s/ Daniel W. Miller, on behalf of Donald R. Ratajczak	08/18/2025
	** 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 transaction did Donald R. Ratajczak report on Form 4 for CRWS?

He reported a 34,944-share restricted stock grant acquired on 08/14/2025 under the issuer's 2021 Incentive Plan.

How many Crown Crafts (CRWS) shares does the reporting person own after the transaction?

Following the reported transaction he beneficially owns 301,181 shares.

What are the vesting terms for the restricted shares in the Form 4?

The restricted shares vest on the earlier of August 14, 2026 or the date immediately preceding the issuer's 2026 annual meeting of stockholders.

Was there any cash paid for the restricted stock grant reported on the Form 4?

No cash was paid; the reported price is $0 for the restricted stock grant.

When was the Form 4 filed and who signed it?

The Form 4 was signed on behalf of Donald R. Ratajczak and dated 08/18/2025.