STOCK TITAN

Crown Crafts (CRWS) awards zero-cost stock grant to director

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DUARTE IXCHELL reported acquisition or exercise transactions in this Form 4 filing.

CROWN CRAFTS INC director Ixchell Duarte received a grant of 33,546 shares of Common Stock on August 13, 2026 as a restricted stock award. The shares were granted at $0.00 per share as compensation and will vest on the earlier of August 13, 2027 or the date immediately preceding the company’s 2027 Annual Meeting of Stockholders. Following this award, Duarte directly holds 33,546 shares of the company’s common stock.

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Insider DUARTE IXCHELL
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 33,546 $0.00 $0.00
Holdings After Transaction: Common Stock — 33,546 shares (Direct)
Footnotes (1)
  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.
Restricted stock granted 33,546 shares Common Stock grant to director on August 13, 2026
Grant price per share $0.00 per share Compensation-related restricted stock award, not an open-market trade
Shares owned after transaction 33,546 shares Direct ownership by Ixchell Duarte following the restricted stock grant
Vesting date trigger August 13, 2027 Vests on earlier of this date or date immediately preceding 2027 Annual Meeting
Transaction date August 13, 2026 Date of restricted stock grant under Amended and Restated 2021 Incentive Plan
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
"grant pursuant to Issuer's Amended and Restated 2021 Incentive Plan, vesting on the earlier"
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 did Ixchell Duarte report in the Form 4 for CRWS?

Ixchell Duarte reported receiving a grant of 33,546 shares of Crown Crafts Inc common stock as restricted stock on August 13, 2026, increasing her direct holdings to 33,546 shares after the transaction.

At what price were the CRWS shares granted to Ixchell Duarte?

The restricted stock granted to Ixchell Duarte was issued at a price of $0.00 per share, reflecting a compensation award rather than an open-market purchase or sale of Crown Crafts Inc common stock.

When do the restricted CRWS shares granted to Ixchell Duarte vest?

The restricted shares vest on the earlier of August 13, 2027 or the date immediately preceding Crown Crafts Inc’s 2027 Annual Meeting of Stockholders, according to the terms of the Amended and Restated 2021 Incentive Plan.

How many CRWS shares does Ixchell Duarte own after this Form 4 transaction?

After the reported grant, Ixchell Duarte directly owns 33,546 shares of Crown Crafts Inc common stock, all of which relate to the restricted stock award described in the Form 4 filing for August 13, 2026.

Under which plan was the CRWS restricted stock granted to Ixchell Duarte?

The award to Ixchell Duarte was granted under Crown Crafts Inc’s Amended and Restated 2021 Incentive Plan, as a restricted stock grant subject to time-based vesting tied to August 13, 2027 or the 2027 Annual Meeting of Stockholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
DUARTE IXCHELL

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
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)08/13/2026A33,546A$033,546D
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 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.
/s/ Claire K. Spencer, on behalf of Ixchell C. Duarte08/17/2026
** 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)