Crown Crafts (CRWS) awards zero-cost stock grant to director
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33,546 shares
Net Buy
1 txn
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)
- 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.
Key Figures
Restricted stock granted: 33,546 shares
Grant price per share: $0.00 per share
Shares owned after transaction: 33,546 shares
+2 more
5 metrics
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
Key Terms
Restricted stock grant, Amended and Restated 2021 Incentive Plan, vesting
3 terms
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.
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.