FRIEDMAN INDUSTRIES (FRD) CEO adds 600 shares in open-market buy

Rhea-AI Filing Summary

FRIEDMAN INDUSTRIES INC President and CEO Mike J. Taylor reported an open-market purchase of common stock. On this Form 4, he bought 600 shares at $18.75 per share. Following this transaction, his direct ownership increased to 222,166 common shares.

Insider Trade Summary

Net Buyer: 600 shares ($11,250)

Net Buy 1 txn

Insider Taylor Mike J

Role President / CEO / Director

Bought 600 shs ($11K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	600	$18.75	$11K

Holdings After Transaction: Common Stock — 222,166 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Taylor Mike J

(Last) (First) (Middle)

27 STANWICK PLACE

(Street)

THE WOODLANDS TX 77382

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President / CEO / Director

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		P		600	A	$18.75	222,166	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/ Michael J. Taylor	02/20/2026
	** 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 FRD CEO Mike J. Taylor report?

Mike J. Taylor reported an open-market purchase of 600 FRIEDMAN INDUSTRIES INC common shares. The shares were bought at a price of $18.75 per share, increasing his direct ownership position in the company’s stock.

At what price did the FRD CEO buy the 600 shares?

The 600 FRIEDMAN INDUSTRIES INC shares were purchased at $18.75 per share. This price reflects an open-market transaction, as disclosed in the Form 4, and represents the cost basis for this specific insider stock purchase.

How many FRIEDMAN INDUSTRIES (FRD) shares does the CEO now own?

After the reported transaction, Mike J. Taylor directly owns 222,166 common shares of FRIEDMAN INDUSTRIES INC. This total reflects his holdings immediately following the 600-share open-market purchase disclosed in the Form 4 filing.

Was the FRD insider trade a purchase or a sale?

The FRIEDMAN INDUSTRIES INC insider trade was a purchase. The Form 4 shows transaction code “P” and describes it as an open-market purchase, indicating that 600 common shares were bought rather than sold by the reporting person.

Is the FRIEDMAN INDUSTRIES CEO’s ownership direct or indirect after this trade?

The CEO’s ownership reported in this Form 4 is direct. The filing marks the 222,166 common shares as directly owned, with no additional nature-of-ownership footnote describing indirect entities such as trusts, partnerships, or family investment vehicles.