Escalade (ESCA) interim CEO adds stock through bonus grant and RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Escalade, Inc. interim president and CEO Patrick J. Griffin reported stock-based compensation and equity vesting. On February 27, 2026, he acquired 11,263 shares of common stock at $14.40 per share as a grant in lieu of his 2025 annual cash incentive bonus under the Escalade 2017 Incentive Plan. On March 3, 2026, 1,850 restricted stock units converted into 1,850 common shares on a one-for-one basis as the final tranche of a 5,550-RSU award granted in 2023. After these transactions, he directly held 576,515.229 common shares.
The filing also lists indirect holdings in shares held by his adult children, an irrevocable trust, a family limited partnership, and a revocable trust owned by his mother. Griffin disclaims beneficial ownership of these indirect positions except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,850 shares exercised/converted
Mixed
8 txns
Insider
Griffin Patrick J
Role
INTERIM PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,850 | $0.00 | -- |
| Exercise | Common Stock | 1,850 | $0.00 | -- |
| Grant/Award | Common Stock | 11,263 | $14.40 | $162K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 576,515.229 shares (Direct);
Common Stock — 3,289 shares (Indirect, By adult son)
Footnotes (1)
- The grant of ESCA common stock is in lieu of cash payment of the 2025 annual cash incentive bonus payable to the reporting person for services as an officer. The ESCA common stock is awarded pursuant to the Escalade, Incorporated 2017 Incentive Plan. 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 3, 2023, the reporting person was granted 5,550 RSUs pursuant to the Escalade 2017 Plan, of which 1,850 RSUs vested on March 3, 2024 and an additional 1,850 RSUs vested and settled on March 3, 2025, as previously reported. The remaining 1,850 RSUs vested and settled on March 3, 2026, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.
FAQ
What insider transactions did Escalade (ESCA) interim CEO Patrick J. Griffin report?
Patrick J. Griffin reported acquiring Escalade common stock through equity compensation. He received 11,263 shares as a stock grant in lieu of his 2025 cash bonus and 1,850 shares from vesting restricted stock units, all under the Escalade 2017 Incentive Plan.
What is the size and nature of Patrick J. Griffin’s 2025 bonus stock grant in Escalade (ESCA)?
Griffin received 11,263 Escalade common shares at $14.40 per share on February 27, 2026. This grant was awarded instead of a cash payment for his 2025 annual incentive bonus and was issued under the Escalade 2017 Incentive Plan.
How were Patrick J. Griffin’s Escalade (ESCA) restricted stock units structured and settled?
Griffin received 5,550 restricted stock units in March 2023 under the Escalade 2017 Plan. The RSUs vested in three equal installments of 1,850 units each, in 2024, 2025, and 2026, with every vested unit settling into one share of Escalade common stock.