Escalade director granted 5,000 RSUs
Escalade director Walter P. Glazer Jr. reported routine equity compensation activity.
Rhea-AI Filing Summary
Escalade director Walter P. Glazer Jr. reported routine equity compensation activity. On May 7, 2026, 2,250 previously awarded Restricted Stock Units (RSUs) converted into 2,250 shares of Escalade common stock on a one-for-one basis, increasing his direct common stock holdings to 394,380 shares.
On May 6, 2026, he was granted 5,000 RSUs under the Escalade 2017 Incentive Plan. Half of this grant is scheduled to vest on May 6, 2027 and the other half on May 6, 2028, contingent on his continued service as a non-employee director. In addition to his direct holdings, indirect common stock holdings include 8,500 shares held by his spouse and 44,000 and 140,000 shares held in trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,250 shares exercised/converted
Exercise
6 txns
Insider
Glazer Walter P. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,250 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 7,250 contracts (Direct);
Common Stock — 394,380 shares (Direct);
Common Stock — 184,000 shares (Indirect, By Trust);
Common Stock — 8,500 shares (Indirect, Shares held by spouse)
Footnotes (5)
- F1. Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
- F2. Trust for the benefit of the respondent's son for which the respondent's spouse is the trustee
- F3. Each Restricted Stock Unit (RSU) represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (the "Plan"). Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
- F4. On May 6, 2026, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which one half will vest on May 6, 2027 and one half on May 6, 2028, provided that the reporting person remains a director of Escalade.
- F5. On May 7, 2025, the reporting person was granted 4,500 RSUs pursuant to the Escalade 2017 Plan for service as a non-employee Escalade director, of which one half of the RSUs vested on May 7, 2026 and one half will vest on May 7, 2027, provided that the reporting person remains a director of Escalade.
Key Figures
RSUs converted: 2,250 shares
New RSU grant: 5,000 RSUs
Direct common shares: 394,380 shares
+3 more
6 metrics
RSUs converted
2,250 shares
RSUs converting into Escalade common stock on May 7, 2026
New RSU grant
5,000 RSUs
Grant to director on May 6, 2026 under 2017 Plan
Direct common shares
394,380 shares
Direct Escalade common stock holdings after RSU conversion
Spouse-held shares
8,500 shares
Common stock held indirectly through spouse
Trust-held shares (1)
44,000 shares
Common stock held indirectly by trust
Trust-held shares (2)
140,000 shares
Additional common stock held indirectly by trust
Key Terms
Restricted Stock Units, Escalade, Incorporated 2017 Incentive Plan, non-employee Escalade director, vesting, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Escalade, Incorporated 2017 Incentive Plan financial
"pursuant to the Escalade, Incorporated 2017 Incentive Plan (the "Plan")."
non-employee Escalade director financial
"for service as a non-employee Escalade director, of which one half of the RSUs vested"
vesting financial
"Shares will be delivered to the reporting person upon vesting of the applicable RSUs"
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.
trustee financial
"for which the respondent's spouse is the trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What did Escalade (ESCA) director Walter P. Glazer Jr. report in this Form 4?
He reported routine equity compensation activity, including RSUs converting into common stock and a new RSU grant. These changes adjust his equity-based compensation and share ownership but do not involve any open-market stock purchases or sales.
How many Escalade (ESCA) RSUs converted to common stock for Walter P. Glazer Jr.?
2,250 Restricted Stock Units converted into 2,250 shares of Escalade common stock. The RSUs converted on a one-for-one basis, reflecting previously granted equity awards now delivered as shares as part of his director compensation program.
What new RSU grant did Escalade (ESCA) award to Walter P. Glazer Jr.?
He received a grant of 5,000 Restricted Stock Units on May 6, 2026 under the Escalade 2017 Incentive Plan. One half vests on May 6, 2027 and the other half on May 6, 2028, subject to his continued service as a director.
How do the vesting terms work for the new Escalade (ESCA) RSU grant?
The 5,000 RSUs vest in two equal installments: 2,500 units on May 6, 2027 and 2,500 units on May 6, 2028. Vesting requires that he remain a non-employee director of Escalade through each applicable vesting date under the plan’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
