COO Gaurav Chhibbar adds 1,000 Friedman Industries (FRD) shares

Rhea-AI Filing Summary

FRIEDMAN INDUSTRIES INC Chief Operating Officer Gaurav Chhibbar bought 1,000 shares of common stock in an open-market transaction at $18.35 per share. This purchase increased his directly owned stake to 51,000 shares of the company.

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^*

Chhibbar Gaurav

(Last) (First) (Middle)

18812 GRAPE SEED COVE

(Street)

AUSTIN TX 78738

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FRIEDMAN INDUSTRIES INC [ FRD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		P		1,000	A	$18.35	51,000	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/ Gaurav Chhibbar	02/23/2026
	** 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 FRIEDMAN INDUSTRIES INC (FRD) report?

FRIEDMAN INDUSTRIES INC reported that Chief Operating Officer Gaurav Chhibbar bought 1,000 shares of common stock. The transaction was an open-market purchase, indicating he increased his personal investment in the company’s shares.

At what price did the FRD COO buy company shares?

Chief Operating Officer Gaurav Chhibbar purchased 1,000 FRIEDMAN INDUSTRIES INC common shares at $18.35 per share. This price reflects the cost he paid in the open-market transaction disclosed in the Form 4 filing.

How many FRD shares does COO Gaurav Chhibbar own after the transaction?

After the reported purchase, COO Gaurav Chhibbar directly owns 51,000 shares of FRIEDMAN INDUSTRIES INC common stock. The Form 4 filing specifies this total share amount following the 1,000-share open-market acquisition.

Was the FRD insider transaction a buy or a sell?

The FRIEDMAN INDUSTRIES INC insider transaction was a buy. COO Gaurav Chhibbar executed an open-market purchase of 1,000 common shares, increasing his directly held ownership position in the company.

What type of security did the FRD insider purchase?

The insider purchased FRIEDMAN INDUSTRIES INC common stock. The Form 4 filing identifies the security as common shares, acquired in an open-market transaction by the company’s Chief Operating Officer.

Is the FRD COO’s ownership classified as direct or indirect?

The COO’s reported ownership is classified as direct. The Form 4 indicates the transaction as directly held, meaning the 51,000 shares following the purchase are owned in his own name rather than through an intermediary entity.