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Escalade (ESCA) director exercises 2,782 RSUs, now holds 372,980 shares

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

Rhea-AI Filing Summary

Escalade Inc. director Walter P. Glazer Jr. exercised 2,782 Restricted Stock Units (RSUs) into the same number of common shares on March 11, 2026, at a $0.00 exercise price. Following the transaction, he holds 372,980 common shares directly and maintains indirect holdings of 140,000 and 44,000 shares through trusts and 8,500 shares held by his spouse. The RSUs converted on a one-for-one basis under Escalade’s 2017 Incentive Plan, and he continues to have 5,564 RSUs scheduled to vest in equal installments in 2027 and 2028, subject to continued service.

Positive

  • None.

Negative

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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*
Glazer Walter P. Jr.

(Last) (First) (Middle)
817 MAXWELL AVENUE

(Street)
EVANSVILLE IN 47711

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ESCALADE INC [ ESCA ]
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)
03/11/2026
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 03/11/2026 M 2,782 A (1) 372,980 D
Common Stock 140,000 I By Trust(2)
Common Stock 44,000 I By Trust(2)
Common Stock 8,500 I Shares held 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
Restricted Stock Units (3)(4) 03/11/2026 M 2,782 (5) 03/11/2028 Common Stock 2,782 $0 5,564 D
Explanation of Responses:
1. Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
2. Trust for the benefit of the respondent's son for which the respondent's spouse is the trustee
3. Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
4. Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
5. On March 11, 2025, the reporting person was granted 8,346 RSUs pursuant to the Escalade 2017 Plan, of which 2,782 RSUs vested on March 11, 2026. An additional 2,782 RSUs will vest on March 11, 2027 and 2,782 RSUs will vest on March 11, 2028, provided that the reporting person remains an employee, director or consultant of Escalade.
/s/ Walter P. Glazer 03/12/2026
** 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 insider transaction did Escalade (ESCA) report for Walter P. Glazer Jr.?

Escalade reported that director Walter P. Glazer Jr. exercised 2,782 Restricted Stock Units into 2,782 common shares. The RSUs converted on a one-for-one basis under the Escalade 2017 Incentive Plan as part of a scheduled vesting event.

When did Walter P. Glazer Jr.’s 2,782 RSUs at Escalade (ESCA) vest?

The 2,782 RSUs vested and were converted into common stock on March 11, 2026. These units were part of an 8,346 RSU grant made on March 11, 2025 under the Escalade 2017 Incentive Plan with multi-year vesting.

How many Escalade (ESCA) shares does Walter P. Glazer Jr. hold after this Form 4?

After the transaction, Walter P. Glazer Jr. holds 372,980 Escalade common shares directly. He also has indirect holdings of 140,000 and 44,000 shares through trusts and 8,500 shares held by his spouse, according to the reported ownership entries.

Is Walter P. Glazer Jr.’s Escalade (ESCA) Form 4 an open-market stock purchase?

No, the Form 4 reflects an exercise and conversion of 2,782 Restricted Stock Units at a $0.00 exercise price. It is a compensation-related vesting event, not an open-market purchase or sale of Escalade common stock.

What future RSU vesting does Escalade (ESCA) disclose for Walter P. Glazer Jr.?

Escalade discloses that from an 8,346 RSU grant, 2,782 vested in 2026, with 2,782 RSUs scheduled to vest on March 11, 2027 and another 2,782 on March 11, 2028, subject to his continued service with the company.
Escalade

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