Escalade ESCA Form 4: CFO Wawrin sells 2,000 shares

Rhea-AI Filing Summary

Escalade Inc. (ESCA) reported an insider transaction by its Chief Financial Officer, Stephen R. Wawrin. On 11/21/2025, the CFO sold 2,000 shares of Escalade common stock at a price of $13 per share. After this sale, he beneficially owned 41,000 shares, held directly. This Form 4 filing simply discloses the change in his ownership position for investors tracking insider activity.

Insider Trade Summary

Net Seller: 2,000 shares ($26,000)

Net Sell 1 txn

Insider Wawrin Stephen

Role CHIEF FINANCIAL OFFICER

Sold 2,000 shs ($26K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$13.00	$26K

Holdings After Transaction: Common Stock — 41,000 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025		S		2,000	D	$13	41,000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ STEPHEN R. WAWRIN	11/24/2025
	** 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 Inc. (ESCA) report in this Form 4?

The Form 4 reports that Escalade's Chief Financial Officer, Stephen R. Wawrin, sold 2,000 shares of common stock on 11/21/2025.

At what price did the Escalade (ESCA) CFO sell his shares?

The CFO sold 2,000 shares of Escalade common stock at a price of $13 per share.

How many Escalade (ESCA) shares does the CFO own after the reported sale?

Following the transaction, the CFO beneficially owned 41,000 shares of Escalade common stock, held directly.

What is the relationship of the reporting person to Escalade Inc. (ESCA)?

The reporting person, Stephen R. Wawrin, is an officer of Escalade Inc., serving as Chief Financial Officer.

Is this Escalade (ESCA) Form 4 filed by a single reporting person?

Yes. The Form 4 is indicated as filed by one reporting person, the CFO of Escalade Inc.