Escalade (ESCA) CFO gains 2,400 shares through RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Escalade Inc.’s chief financial officer Stephen Wawrin exercised restricted stock units into common shares as part of his equity compensation. On April 3, 2026, 2,400 restricted stock units converted into 2,400 shares of common stock at a conversion price of $0.00 per share.

Following this transaction, Wawrin directly holds 48,177 shares of Escalade common stock. The RSUs stem from a 7,200-unit grant under the Escalade, Incorporated 2017 Incentive Plan, of which 2,400 vested on April 3, 2025 and 2,400 vested on April 3, 2026; the remaining 2,400 RSUs are scheduled to vest on April 3, 2027 if he continues in eligible service.

Insider Trade Summary

2,400 shares exercised/converted

Mixed 2 txns

Insider Wawrin Stephen

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,400	$0.00	--
Exercise	Common Stock	2,400	$0.00	--

Holdings After Transaction: Restricted Stock Units — 2,400 shares (Direct); Common Stock — 48,177 shares (Direct)

Footnotes (1)

Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis. Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan). On April 3, 2024, the reporting person was granted 7,200 RSUs pursuant to the Escalade 2017 Plan, of which 2,400 RSUs vested and settled on April 3, 2025 and 2,400 RSUs vested and settled on April 3, 2026. The remaining 2,400 RSUs will vest on April 3, 2027, provided that the reporting person remains an employee, director or consultant of Escalade.

Key Figures

RSUs exercised: 2,400 units Shares received: 2,400 shares Shares held after transaction: 48,177 shares +5 more

8 metrics

RSUs exercised 2,400 units Restricted Stock Units converted to common stock on April 3, 2026

Shares received 2,400 shares Common stock issued upon RSU conversion on April 3, 2026

Shares held after transaction 48,177 shares Direct common stock holdings following April 3, 2026 transaction

Original RSU grant 7,200 units Grant under Escalade 2017 Incentive Plan on April 3, 2024

First RSU vesting 2,400 units RSUs vested and settled on April 3, 2025

Second RSU vesting 2,400 units RSUs vested and settled on April 3, 2026

Remaining RSUs scheduled 2,400 units RSUs scheduled to vest on April 3, 2027 if service continues

Conversion price $0.00 per share Conversion of RSUs into common stock

Key Terms

Restricted Stock Units, RSUs, Escalade 2017 Plan, derivative security, +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.

RSUs financial

"On April 3, 2024, the reporting person was granted 7,200 RSUs pursuant to the Escalade 2017 Plan, of which 2,400 RSUs vested and settled on April 3, 2025 and 2,400 RSUs vested and settled on April 3, 2026."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Escalade 2017 Plan financial

"Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan)."

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vest financial

"The remaining 2,400 RSUs will vest on April 3, 2027, provided that the reporting person remains an employee, director or consultant of Escalade."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 04:30 PM

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^*

Wawrin Stephen

(Last)

(First)

(Middle)

817 MAXWELL AVENUE

(Street)

EVANSVILLE

INDIANA

47711

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ESCALADE INC [ ESCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/03/2026		M		2,400	A	⁽¹⁾	48,177	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	04/03/2026		M			2,400	⁽³⁾	04/03/2027	Common Stock	2,400	$0	2,400	D

Explanation of Responses:

1. Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.

2. Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

3. On April 3, 2024, the reporting person was granted 7,200 RSUs pursuant to the Escalade 2017 Plan, of which 2,400 RSUs vested and settled on April 3, 2025 and 2,400 RSUs vested and settled on April 3, 2026. The remaining 2,400 RSUs will vest on April 3, 2027, provided that the reporting person remains an employee, director or consultant of Escalade.

	/s/ STEPHEN WAWRIN	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Escalade (ESCA) report for its CFO?

Escalade reported its CFO, Stephen Wawrin, exercised 2,400 restricted stock units into 2,400 shares of common stock at a $0.00 conversion price. This transaction reflects equity compensation vesting rather than an open-market share purchase or sale.

How many Escalade (ESCA) shares does the CFO hold after this Form 4?

After the RSU conversion, CFO Stephen Wawrin directly holds 48,177 shares of Escalade common stock. This figure, reported in the filing, reflects his position following the April 3, 2026 equity compensation transaction.

What was the size and structure of the CFO’s Escalade RSU grant?

On April 3, 2024, the CFO received 7,200 restricted stock units under the Escalade 2017 Incentive Plan. These are structured in three equal tranches of 2,400 RSUs each, vesting annually in 2025, 2026 and 2027, contingent on continued service.

When did the Escalade (ESCA) CFO’s RSUs vest and settle into shares?

2,400 RSUs vested and settled into common stock on April 3, 2025, and another 2,400 vested and settled on April 3, 2026. A final 2,400-unit tranche is scheduled to vest on April 3, 2027, subject to continued eligible service.

Is the Escalade CFO’s Form 4 transaction a market sale or purchase?

The transaction is an exercise and conversion of restricted stock units, not an open-market sale or purchase. RSUs granted under the Escalade 2017 Incentive Plan converted on a one-for-one basis into common shares as part of his compensation.

What plan governs the Escalade (ESCA) CFO’s RSU award reported here?

The RSUs are granted under the Escalade, Incorporated 2017 Incentive Plan. Each restricted stock unit represents a right to receive one share of Escalade common stock upon vesting and settlement according to the plan’s terms.