Insteel Industries (IIIN) SVP reports RSU vesting and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insteel Industries senior vice president James R. York reported equity compensation-related transactions in company stock. On February 14, 2026, 1,239 Restricted Stock Units vested and converted into 1,239 shares of common stock at an exercise price of $0, increasing his directly held shares to 10,082.
On the same date, 418 shares of common stock were disposed of at $37.58 per share to cover tax withholding obligations tied to the vesting, leaving York with 9,664 shares of Insteel Industries common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,239 shares exercised/converted
Mixed
3 txns
Insider
York James R.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,239 | $0.00 | -- |
| Exercise | Common Stock | 1,239 | $0.00 | -- |
| Tax Withholding | Common Stock | 418 | $37.58 | $16K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 10,082 shares (Direct)
Footnotes (1)
- Represents the vesting of Restricted Stock Units. Restricted Stock Units convert into common stock on a one-for-one basis. Represents shares withheld for taxes in connection with the vesting of Restricted Stock Units. The Restricted Stock Units vested on February 14, 2026.
FAQ
What insider transaction did IIIN executive James R. York report on Form 4?
James R. York reported vesting of equity awards and related share withholding. 1,239 Restricted Stock Units converted into 1,239 Insteel Industries common shares, followed by 418 shares disposed of to cover taxes, resulting in 9,664 directly owned common shares afterward.
What was the nature of the Restricted Stock Unit transaction reported for IIIN?
The filing shows vesting and conversion of 1,239 Restricted Stock Units into common stock. These RSUs convert to Insteel Industries shares on a one-for-one basis and vested on February 14, 2026, representing equity compensation for senior vice president James R. York.
What transaction codes M and F mean in the IIIN Form 4 for James R. York?
Code M indicates exercise or conversion of a derivative security, here the vesting and conversion of 1,239 Restricted Stock Units into common stock. Code F indicates shares delivered to satisfy tax liability, covering 418 common shares withheld at $37.58 per share.
Is James R. York’s ownership in IIIN direct or indirect after these transactions?
The Form 4 reports James R. York’s ownership as direct. After the RSU vesting and tax withholding disposition, he directly holds 9,664 Insteel Industries common shares, with no indication of indirect ownership through entities or accounts in the provided disclosure.