Insteel Industries (NASDAQ: IIIN) CFO’s 2,017 RSUs vest, 526 shares withheld for taxes
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.
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Insider Trade Summary
Net Buyer: 1,491 shares
Net Buy
3 txns
Insider
Jafroodi Scot R
Role
VP, CFO and Treasurer
| 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 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 49,731 shares (Direct)
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
RSUs vested and exercised: 2,017 units
Common shares acquired from RSU conversion: 2,017 shares
Shares withheld for taxes: 526 shares
+2 more
5 metrics
RSUs vested and exercised
2,017 units
Restricted Stock Units converted into common stock on August 14, 2026
Common shares acquired from RSU conversion
2,017 shares
Shares of INSTEEL INDUSTRIES INC common stock received on August 14, 2026
Shares withheld for taxes
526 shares
Common stock withheld to satisfy tax liability upon RSU vesting
Tax withholding price
$32.62 per share
Value used for 526 shares withheld for taxes
Net RSU position after vesting
0 units
Total Restricted Stock Units following the reported conversion transaction
Key Terms
Restricted Stock Units, vested, withheld for taxes, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Represents the vesting of Restricted Stock Units."
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.
vested financial
"The Restricted Stock Units vested on August 14, 2026."
withheld for taxes financial
"Represents shares withheld for taxes in connection with the vesting"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
FAQ
What insider transaction did IIIN report for Scot R. Jafroodi on August 14, 2026?
INSTEEL INDUSTRIES INC (IIIN) reported that 2,017 Restricted Stock Units held by Scot R. Jafroodi vested and converted into 2,017 common shares on August 14, 2026, increasing his directly owned common stock position before tax withholding.
What was the vesting ratio of Scot R. Jafroodi’s Restricted Stock Units into IIIN common stock?
The Form 4 states that the Restricted Stock Units convert into common stock on a one-for-one basis, meaning each of the 2,017 vested RSUs became one share of INSTEEL INDUSTRIES INC (IIIN) common stock.
What insider role does Scot R. Jafroodi hold at INSTEEL INDUSTRIES INC (IIIN)?
Scot R. Jafroodi is reported as an officer of INSTEEL INDUSTRIES INC (IIIN), serving as Vice President, Chief Financial Officer and Treasurer, and the Form 4 reflects equity compensation activity related to this role.
AI-generated analysis. How Rhea-AI works. Not financial advice.
