FRD director acquires 457 shares at $21.9, now owns 9,569
Director Sandra K. Scott reported a non-derivative acquisition of 457 shares of Friedman Industries Inc. (FRD) on 10/01/2025 at a reported price of $21.9 per share.
Rhea-AI Filing Summary
Director Sandra K. Scott reported a non-derivative acquisition of 457 shares of Friedman Industries Inc. (FRD) on 10/01/2025 at a reported price of $21.9 per share. Following the grant, Ms. Scott beneficially owns 9,569 shares in total. The shares are restricted common stock that will vest 100% on October 1, 2026, conditioned on continued service on the issuer’s board. The Form 4 was signed and filed by Ms. Scott on 10/03/2025. This filing records a routine equity award to a director tied to service and does not disclose any cash sale or derivative transactions.
Positive
- Director alignment: Grant of 457 restricted shares vests 100% on 10/01/2026, aligning director incentives with shareholders
- No dispositions: Filing shows an acquisition only, with no sales or derivatives that would reduce insider ownership
Negative
- None.
Insights
Director received time‑based restricted stock that vests 100% on Oct 1, 2026.
The filing shows a 457-share grant at $21.9 to board member Sandra K. Scott, increasing her beneficial ownership to 9,569 shares. The award is restricted stock subject to a one‑year service vesting condition, aligning the director’s interests with long‑term shareholder outcomes.
This is a governance action rather than market trading: no derivative activity or disposition was reported, and the vesting schedule creates a retention incentive through 10/01/2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 457 | $21.90 | $10K |
Footnotes (1)
- F1. Represents shares of restricted Common Stock which will vest 100% on October 1, 2026, subject to continued service as a member of the Board of Directors of the issuer.
FAQ
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What did FRD insider Sandra K. Scott acquire on 10/01/2025?
Was this filing a sale or disposal of FRD securities?
Who signed and filed the Form 4 for FRD?
AI-generated analysis. How Rhea-AI works. Not financial advice.