STOCK TITAN

[Form 4] Crown Crafts Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Michael Benstock, a director of Crown Crafts Inc. (CRWS), was granted 34,944 shares of restricted common stock on 08/14/2025. The grant was recorded at a $0 price and vests on the earlier of August 14, 2026 or the day before the issuer's 2026 annual meeting of stockholders. After the grant, Mr. Benstock beneficially owns 70,341 shares. The Form 4 was signed on behalf of the reporting person and filed on 08/18/2025. No derivative transactions are reported on this form; the disclosure describes the award as a restricted stock grant under the issuer's 2021 Incentive Plan.

Michael Benstock, amministratore di Crown Crafts Inc. (CRWS), ha ricevuto il 14/08/2025 una concessione di 34.944 azioni ordinarie vincolate. La concessione è stata registrata a prezzo $0 e le azioni saranno acquisibili alla data antecedente più vicina: il 14 agosto 2026 o il giorno precedente l'assemblea annuale degli azionisti del 2026, se antecedente. Dopo la concessione, il sig. Benstock detiene beneficiariamente 70.341 azioni. Il Modulo 4 è stato firmato per conto della persona che comunica l'operazione e depositato il 18/08/2025. Nel modulo non sono riportate transazioni su strumenti derivati; l'assegnazione è descritta come una concessione di azioni vincolate ai sensi del Piano Incentivi 2021 dell'emittente.

Michael Benstock, director de Crown Crafts Inc. (CRWS), recibió el 14/08/2025 una adjudicación de 34.944 acciones comunes restringidas. La concesión se registró a precio $0 y las acciones se consolidan en la fecha que ocurra primero: el 14 de agosto de 2026 o el día anterior a la junta anual de accionistas de 2026. Tras la adjudicación, el Sr. Benstock posee de forma beneficiaria 70.341 acciones. El Formulario 4 fue firmado en nombre del informante y presentado el 18/08/2025. No se informan transacciones con derivados en este formulario; la divulgación describe la adjudicación como una concesión de acciones restringidas conforme al Plan de Incentivos 2021 del emisor.

크라운 크래프츠(Crown Crafts Inc., CRWS)의 이사 마이클 벤스톡(Michael Benstock)은 2025년 8월 14일 제한조건이 붙은 보통주 34,944주를 부여받았습니다. 이 부여는 $0 가격으로 기재되었고, 취득완료(vest)는 2026년 8월 14일 또는 발행회사의 2026년 주주총회 전날 중 먼저 도래하는 날에 이루어집니다. 부여 후 벤스톡 씨는 실질적으로 70,341주를 보유합니다. 양식(Form 4)은 보고인을 대신해 서명되어 2025년 8월 18일 제출되었습니다. 이 양식에는 파생상품 거래는 보고되지 않았으며, 공시는 해당 부여를 발행회사의 2021 인센티브 플랜에 따른 제한주 보조금으로 설명하고 있습니다.

Michael Benstock, administrateur de Crown Crafts Inc. (CRWS), s'est vu accorder le 14/08/2025 une attribution de 34 944 actions ordinaires restreintes. L'attribution a été enregistrée à prix $0 et est sujette à acquisition à la date la plus proche entre le 14 août 2026 et la veille de l'assemblée générale annuelle des actionnaires de 2026. Après l'attribution, M. Benstock détient à titre bénéficiaire 70 341 actions. Le formulaire 4 a été signé pour le compte du déclarant et déposé le 18/08/2025. Aucune opération sur dérivés n'est déclarée dans ce formulaire ; la divulgation qualifie l'attribution d'attribution d'actions restreintes au titre du Plan d'Incitation 2021 de l'émetteur.

Michael Benstock, Direktor von Crown Crafts Inc. (CRWS), erhielt am 14.08.2025 eine Zuteilung von 34.944 eingeschränkten Stammaktien. Die Zuteilung wurde zu einem Preis von $0 erfasst und wird entweder am 14. August 2026 oder am Tag vor der Hauptversammlung der Aktionäre 2026 fällig, je nachdem, welcher Termin früher eintritt. Nach der Zuteilung besitzt Herr Benstock wirtschaftlich 70.341 Aktien. Das Formular 4 wurde im Namen der meldenden Person unterschrieben und am 18.08.2025 eingereicht. In dem Formular sind keine Derivatgeschäfte gemeldet; die Offenlegung beschreibt die Zuteilung als Restricted-Stock-Gewährung gemäß dem Incentive-Plan 2021 des Emittenten.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Insider received a restricted equity award of 34,944 shares, increasing direct beneficial ownership to 70,341 shares.

The grant of 34,944 restricted shares at $0 increases the director's stake and aligns his interests with shareholders subject to vesting conditions through mid-2026. This is a non-cash compensation award rather than an open-market purchase, so it reflects board-level compensation policy rather than a market signal of private buying. The absence of derivative activity simplifies the ownership change: the post-transaction beneficial ownership is 70,341 shares, and vesting is time- and event-contingent under the 2021 Incentive Plan.

TL;DR: Director equity grant follows typical incentive-plan practice with time-based vesting to retain alignment through the next annual meeting.

The restricted stock award documented on Form 4 appears to be a standard retention/compensation mechanism governed by the 2021 Incentive Plan. Vesting tied to a one-year horizon or the next annual meeting is common for directors. The filing correctly discloses the grant details, beneficial ownership after the award, and the lack of derivative holdings. Because this is a grant rather than a market acquisition, its governance implication is compensation alignment rather than an explicit vote of market confidence.

Michael Benstock, amministratore di Crown Crafts Inc. (CRWS), ha ricevuto il 14/08/2025 una concessione di 34.944 azioni ordinarie vincolate. La concessione è stata registrata a prezzo $0 e le azioni saranno acquisibili alla data antecedente più vicina: il 14 agosto 2026 o il giorno precedente l'assemblea annuale degli azionisti del 2026, se antecedente. Dopo la concessione, il sig. Benstock detiene beneficiariamente 70.341 azioni. Il Modulo 4 è stato firmato per conto della persona che comunica l'operazione e depositato il 18/08/2025. Nel modulo non sono riportate transazioni su strumenti derivati; l'assegnazione è descritta come una concessione di azioni vincolate ai sensi del Piano Incentivi 2021 dell'emittente.

Michael Benstock, director de Crown Crafts Inc. (CRWS), recibió el 14/08/2025 una adjudicación de 34.944 acciones comunes restringidas. La concesión se registró a precio $0 y las acciones se consolidan en la fecha que ocurra primero: el 14 de agosto de 2026 o el día anterior a la junta anual de accionistas de 2026. Tras la adjudicación, el Sr. Benstock posee de forma beneficiaria 70.341 acciones. El Formulario 4 fue firmado en nombre del informante y presentado el 18/08/2025. No se informan transacciones con derivados en este formulario; la divulgación describe la adjudicación como una concesión de acciones restringidas conforme al Plan de Incentivos 2021 del emisor.

크라운 크래프츠(Crown Crafts Inc., CRWS)의 이사 마이클 벤스톡(Michael Benstock)은 2025년 8월 14일 제한조건이 붙은 보통주 34,944주를 부여받았습니다. 이 부여는 $0 가격으로 기재되었고, 취득완료(vest)는 2026년 8월 14일 또는 발행회사의 2026년 주주총회 전날 중 먼저 도래하는 날에 이루어집니다. 부여 후 벤스톡 씨는 실질적으로 70,341주를 보유합니다. 양식(Form 4)은 보고인을 대신해 서명되어 2025년 8월 18일 제출되었습니다. 이 양식에는 파생상품 거래는 보고되지 않았으며, 공시는 해당 부여를 발행회사의 2021 인센티브 플랜에 따른 제한주 보조금으로 설명하고 있습니다.

Michael Benstock, administrateur de Crown Crafts Inc. (CRWS), s'est vu accorder le 14/08/2025 une attribution de 34 944 actions ordinaires restreintes. L'attribution a été enregistrée à prix $0 et est sujette à acquisition à la date la plus proche entre le 14 août 2026 et la veille de l'assemblée générale annuelle des actionnaires de 2026. Après l'attribution, M. Benstock détient à titre bénéficiaire 70 341 actions. Le formulaire 4 a été signé pour le compte du déclarant et déposé le 18/08/2025. Aucune opération sur dérivés n'est déclarée dans ce formulaire ; la divulgation qualifie l'attribution d'attribution d'actions restreintes au titre du Plan d'Incitation 2021 de l'émetteur.

Michael Benstock, Direktor von Crown Crafts Inc. (CRWS), erhielt am 14.08.2025 eine Zuteilung von 34.944 eingeschränkten Stammaktien. Die Zuteilung wurde zu einem Preis von $0 erfasst und wird entweder am 14. August 2026 oder am Tag vor der Hauptversammlung der Aktionäre 2026 fällig, je nachdem, welcher Termin früher eintritt. Nach der Zuteilung besitzt Herr Benstock wirtschaftlich 70.341 Aktien. Das Formular 4 wurde im Namen der meldenden Person unterschrieben und am 18.08.2025 eingereicht. In dem Formular sind keine Derivatgeschäfte gemeldet; die Offenlegung beschreibt die Zuteilung als Restricted-Stock-Gewährung gemäß dem Incentive-Plan 2021 des Emittenten.

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
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*
BENSTOCK MICHAEL

(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 70,341 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 Michael Benstock 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 Michael Benstock report on Form 4 for CRWS?

The Form 4 reports a restricted stock grant of 34,944 shares received on 08/14/2025.

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

After the reported grant, Michael Benstock beneficially owns 70,341 shares.

What are the vesting terms for the restricted shares granted to the director?

The restricted shares vest on the earlier of August 14, 2026 or the date immediately before the issuer's 2026 Annual Meeting of Stockholders.

Was there a purchase price for the restricted stock grant reported on the Form 4?

The grant is reported at a price of $0, indicating a restricted award rather than a cash purchase.

Did the Form 4 report any derivative securities for the reporting person?

No derivative securities are reported on this Form 4; only a non-derivative restricted stock grant is disclosed.
Crown Crafts

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31.38M
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0.6%
Furnishings, Fixtures & Appliances
Broadwoven Fabric Mills, Cotton
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United States
GONZALES