Crown Crafts (CRWS) Insider Grant and Spousal Transfer Recorded on Form 4

Rhea-AI Filing Summary

Zenon S. Nie, a director of Crown Crafts Inc. (CRWS), reported two non-derivative transactions in August 2025. On 08/14/2025 he received a restricted stock grant of 34,944 shares under the issuer's 2021 Incentive Plan that vests on the earlier of August 14, 2026 or the day before the 2026 annual meeting. Following that grant he beneficially owned 115,238 shares. On 08/18/2025 he reported securities transfers to his spouse: two entries coded as gifts (code G) moving 20,294 shares each; one line shows a disposition leaving him with 94,944 shares (direct) and another line shows an acquisition recorded as 20,294 shares resulting in 209,508 shares held indirectly by his spouse. Transactions were reported on a Form 4 signed on 08/18/2025.

Positive

• Restricted stock grant of 34,944 shares under the 2021 Incentive Plan indicates continued alignment with shareholder interests
• Transactions are properly coded and disclosed on Form 4, including signature and explanation of vesting conditions

Negative

• Gift transfers to spouse reduced direct beneficial ownership from 115,238 to 94,944 shares, which may reduce the reporting person's direct voting control

Insights

Securities Analyst

TL;DR Routine insider restricted stock grant and intra-household gift; limited market impact.

The Form 4 documents a standard restricted stock award under the companys 2021 Incentive Plan and subsequent gift transfers to the reporting person's spouse. The grant (34,944 shares) is subject to time-based vesting and increases beneficial ownership figures reported. The gifts are recorded as dispositions from the reporting person and acquisitions for the spouse, consistent with household transfers and do not reflect open-market sales or hedging activity. For investors, these entries signal insider participation via compensation rather than liquidity-driven selling.

Corporate Governance Expert

TL;DR Transaction pattern is governance-standard: compensation grant plus spouse gift, not a red flag.

The restricted share award follows the issuers incentive plan and includes a clear vesting condition tied to time or the 2026 meeting date. The reporting also shows gift transfers to a spouse who shares the household, with ownership shifting from direct to indirect forms. Filings are properly coded (A for award, G for gift) and signed, fulfilling disclosure obligations. There is no indication of rule 10b5-1 trading plan or open-market disposition that would raise compliance concerns.

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^*

NIE ZENON S

(Last) (First) (Middle)

PO BOX 1028

(Street)

GONZALES LA 70707-1028

(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	115,238	D
Common Stock(2)	08/18/2025		G		20,294	D	$0	94,944	D
Common Stock(2)	08/18/2025		G		20,294	A	$0	209,508	I	By 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)
				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.

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. Nie	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 did Zenon S. Nie report on Form 4 for CRWS?

The Form 4 reports a restricted stock grant of 34,944 shares on 08/14/2025 and gift transfers to his spouse totaling 40,588 shares on 08/18/2025.

When does the restricted stock granted to the reporting person vest?

The restricted stock vests on the earlier of August 14, 2026 or the date immediately preceding the issuers 2026 Annual Meeting of Stockholders.

How did the transactions affect beneficial ownership reported on the Form 4?

After the 08/14/2025 grant the reporting person beneficially owned 115,238 shares. Following the 08/18/2025 gift entries, direct ownership is reported as 94,944 shares and indirect household ownership totals 209,508 shares (reflecting spouse holdings).

Were these transactions open-market sales or insider compensation?

The 08/14/2025 entry is an A (award) for restricted stock (compensation). The 08/18/2025 entries are coded G (gift), indicating transfers to the spouse, not open-market sales.