Insteel CFO vests 2,017 RSUs; 526 shares withheld
INSTEEL INDUSTRIES INC (IIIN) reported that officer Scot R. Jafroodi, VP, CFO and Treasurer, had Restricted Stock Units vest and convert into common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC (IIIN) reported that officer Scot R. Jafroodi, VP, CFO and Treasurer, had Restricted Stock Units vest and convert into common stock. On August 14, 2026, 2,017 Restricted Stock Units were exercised and converted into 2,017 shares of common stock on a one-for-one basis. Of these shares, 526 were withheld at $32.62 per share to satisfy tax obligations related to the vesting, with the balance of the vested shares retained as directly owned common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4 | 2,017 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 2,017 | -- | -- |
| Tax Withholding | Common Stock F3 | 526 | $32.62 | $17K |
Footnotes (4)
- F1. Represents the vesting of Restricted Stock Units.
- F2. Restricted Stock Units convert into common stock on a one-for-one basis.
- F3. Represents shares withheld for taxes in connection with the vesting of Restricted Stock Units.
- F4. The Restricted Stock Units vested on August 14, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
vested financial
withheld for taxes financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IIIN report for Scot R. Jafroodi on August 14, 2026?
What was the vesting ratio of Scot R. Jafroodi’s Restricted Stock Units into IIIN common stock?
What insider role does Scot R. Jafroodi hold at INSTEEL INDUSTRIES INC (IIIN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.