Escalade (ESCA) CEO adds shares through 1,840-unit RSU vesting
Rhea-AI Filing Summary
Escalade, Inc. President and CEO Patrick J. Griffin, also a more than 10% owner, acquired 1,840 shares of common stock on March 11, 2026 through the vesting and conversion of 1,840 restricted stock units on a one-for-one basis at a price of $0.00 per share.
These RSUs were part of a grant of 5,520 units awarded on March 11, 2025, with an additional 1,840 RSUs scheduled to vest on March 11, 2027 and 1,840 on March 11, 2028 if he continues in eligible service. Following the transaction, he directly holds 578,355.229 shares of Escalade common stock and has various indirect holdings through family members, trusts and a family limited partnership, with beneficial ownership in those entities disclaimed except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,840 | $0.00 | -- |
| Exercise | Common Stock | 1,840 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis. Mr. Griffin disclaims beneficial interest in shares held by his adult son, except to the extent of his pecuniary interest therein. Mr. Griffin disclaims beneficial interest in shares held by his adult daughter, except to the extent of his pecuniary interest therein. Mr. Griffin disclaims beneficial ownership in shares held by an irrevocable trust (previously owned by his late father), except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 614,964.629 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary. This reporting person disclaims beneficial ownership in shares held by the family limited partnership, except to the extent of his pecuniary interest therein. Mr. Griffin disclaims beneficial ownership in shares held by a revocable trust owned by his mother, except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 300,000 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary. Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan). On March 11, 2025, the reporting person was granted 5,520 RSUs pursuant to the Escalade 2017 Plan, of which 1,840 RSUs vested on March 11, 2026. An additional 1,840 RSUs will vest on March 11, 2027 and 1,840 RSUs will vest on March 11, 2028, provided that the reporting person remains an employee, director or consultant of Escalade.
