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.

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

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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^*

Griffin Patrick J

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT & CEO

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		1,840	A	(1)	578,355.229	D
Common Stock								3,289	I	By adult son(2)
Common Stock								1,289	I	by UTMA custodian for adult daughter(3)
Common Stock								614,964.629	I	By Irevocable Trust(4)
Common Stock								1,326,736	I	By Family Limited Partnership(5)
Common Stock								300,000	I	By Revocable Trust(6)

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	(1)(7)	03/11/2026		M			1,840	(8)	03/11/2028	Common Stock	1,840	$0	3,680	D

Explanation of Responses:

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

2. Mr. Griffin disclaims beneficial interest in shares held by his adult son, except to the extent of his pecuniary interest therein.

3. Mr. Griffin disclaims beneficial interest in shares held by his adult daughter, except to the extent of his pecuniary interest therein.

4. 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.

5. This reporting person disclaims beneficial ownership in shares held by the family limited partnership, except to the extent of his pecuniary interest therein.

6. 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.

7. 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).

8. 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.

	/s/ Patrick J. Griffin	03/12/2026
	** Signature of Reporting Person	Date
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