Insteel Industries (IIIN) grants RSUs and options to VP CFO Scot R. Jafroodi
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC executive Scot R. Jafroodi, VP, CFO and Treasurer, reported equity compensation awards. He received 1,933 Restricted Stock Units, which vest on August 10, 2029 and convert into common stock on a one-for-one basis, and options for 4,474 shares of common stock at an exercise price of $32.34 per share. These options vest in one-third increments annually beginning one year from the August 10, 2026 grant date and expire on August 10, 2036. All holdings reported are owned directly.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jafroodi Scot R
Role
VP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 1,933 | $0.00 | $0.00 |
| Grant/Award | Option (right to buy) F3 | 4,474 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,933 shares (Direct);
Option (right to buy) — 4,474 shares (Direct)
Footnotes (3)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis.
- F2. The Restricted Stock Units vest on August 10, 2029.
- F3. Options vest 1/3 annually beginning one year from grant date.
Key Figures
RSUs granted: 1,933 units
RSU vesting date: August 10, 2029
Options granted: 4,474 options
+3 more
6 metrics
RSUs granted
1,933 units
Restricted Stock Units awarded to Scot R. Jafroodi on 2026-08-10
RSU vesting date
August 10, 2029
Vesting date for 1,933 Restricted Stock Units
Options granted
4,474 options
Stock options awarded to purchase common stock on 2026-08-10
Option exercise price
$32.34 per share
Exercise price for 4,474 stock options
Option vesting schedule
1/3 annually
Options vest one-third annually beginning one year from grant date
Option expiration date
August 10, 2036
Expiration date for 4,474 stock options if unexercised
Key Terms
Restricted Stock Units, vest, Option (right to buy), exercise price
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"The Restricted Stock Units vest on August 10, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Option (right to buy) financial
"Option (right to buy) with an exercise price of $32.34 per share."
exercise price financial
"Options vest 1/3 annually beginning one year from grant date."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did INSTEEL INDUSTRIES INC (IIIN) grant to Scot R. Jafroodi?
INSTEEL INDUSTRIES INC granted Scot R. Jafroodi 1,933 Restricted Stock Units and options on 4,474 shares of common stock. The RSUs convert one-for-one into common stock, and the options carry a $32.34 exercise price per share.
When do Scot R. Jafroodi’s 1,933 RSUs at IIIN vest?
The 1,933 Restricted Stock Units awarded to Scot R. Jafroodi vest on August 10, 2029. After vesting, these RSUs convert into INSTEEL INDUSTRIES INC common stock on a one-for-one basis, increasing his direct common share ownership.
What are the key terms of Scot R. Jafroodi’s 4,474 stock options at IIIN?
Scot R. Jafroodi received 4,474 options to buy INSTEEL INDUSTRIES INC common stock at $32.34 per share. The options vest one-third annually beginning one year from grant and expire August 10, 2036, if not exercised earlier.
How many equity awards does Scot R. Jafroodi hold at IIIN after these grants?
After the reported grants, Scot R. Jafroodi holds 1,933 Restricted Stock Units and 4,474 stock options directly. These derivative awards represent rights to receive or purchase INSTEEL INDUSTRIES INC common stock under the specified vesting terms.
Are Scot R. Jafroodi’s recent IIIN equity transactions buys or sales on the market?
The reported IIIN transactions are compensation-related grants, not open-market buys or sales. They consist of 1,933 RSUs and 4,474 stock options awarded at an exercise price of $32.34 per share, subject to vesting schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.