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CROWN CRAFTS (CRWS) CFO awarded 10,000 restricted shares vesting in 2029

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Spencer Claire K. reported acquisition or exercise transactions in this Form 4 filing.

CROWN CRAFTS INC Vice President and CFO Claire K. Spencer received a grant of 10,000 shares of Common Stock as equity compensation. These shares are restricted stock awarded under the company’s 2021 Incentive Plan and are scheduled to vest on March 24, 2029. Following this grant, Spencer directly holds 25,000 shares of the company’s common stock. This is a compensation-related award rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
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*
Spencer Claire K.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026
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)03/24/2026A10,000A$025,000D
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 granted pursuant to the Issuer's 2021 Incentive Plan, vesting on March 24, 2029.
/s/ Claire K. Spencer03/26/2026
** 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)

FAQ

What insider transaction did CROWN CRAFTS INC (CRWS) report for Claire K. Spencer?

CROWN CRAFTS INC reported that Vice President and CFO Claire K. Spencer received a grant of 10,000 shares of restricted Common Stock. The award was made as equity compensation under the company’s 2021 Incentive Plan, rather than through an open-market purchase.

When do the newly granted CRWS restricted shares to Claire K. Spencer vest?

The 10,000 restricted shares granted to Claire K. Spencer are scheduled to vest on March 24, 2029. Until vesting, the shares are subject to plan terms and restrictions under CROWN CRAFTS INC’s 2021 Incentive Plan, as described in the Form 4 footnote.

How many CROWN CRAFTS INC (CRWS) shares does Claire K. Spencer hold after this Form 4 grant?

After the 10,000-share restricted stock grant, Claire K. Spencer directly holds 25,000 shares of CROWN CRAFTS INC Common Stock. This total reflects her ownership immediately following the reported equity award, as disclosed in the Form 4 transaction details.

Was the CRWS Form 4 transaction for Claire K. Spencer a market purchase or a compensation grant?

The CRWS Form 4 shows a compensation grant, not a market purchase. The 10,000 shares were awarded at a price of $0.0000 per share as restricted stock under the company’s 2021 Incentive Plan, classified as a grant or award acquisition.

What role does Claire K. Spencer hold at CROWN CRAFTS INC (CRWS) in this Form 4 filing?

In this Form 4 filing, Claire K. Spencer is identified as Vice President and Chief Financial Officer of CROWN CRAFTS INC. The reported 10,000-share restricted stock grant reflects compensation related to her executive role at the company.
Crown Crafts

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29.10M
9.49M
Furnishings, Fixtures & Appliances
Broadwoven Fabric Mills, Cotton
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United States
GONZALES