Insteel Industries SVP Wagner vests 2,271 RSUs
INSTEEL INDUSTRIES INC executive Richard Wagner, Senior Vice President and COO, reported the vesting of 2,271 Restricted Stock Units on February 14, 2026, which converted one-for-one into common stock.
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC executive Richard Wagner, Senior Vice President and COO, reported the vesting of 2,271 Restricted Stock Units on February 14, 2026, which converted one-for-one into common stock. In connection with this vesting, 592 shares of common stock were withheld at $37.58 per share to satisfy taxes. After these equity events, he directly holds 41,679 shares of common stock.
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Insider Trade Summary
2,271 shares exercised/converted
Exercise
3 txns
Insider
Wagner Richard
Role
Senior Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,271 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,271 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 592 | $37.58 | $22K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 41,679 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 February 14, 2026.
Key Figures
RSUs vested: 2,271
Shares issued from RSU conversion: 2,271
Shares withheld for taxes: 592
+2 more
5 metrics
RSUs vested
2,271
Restricted Stock Units vested and converted into common stock on February 14, 2026
Shares issued from RSU conversion
2,271
Common stock received upon one-for-one conversion of Restricted Stock Units
Shares withheld for taxes
592
Common shares withheld in connection with RSU vesting to satisfy tax obligations
Tax-withholding price per share
$37.58
Per-share value used for the 592-share tax-withholding disposition
Post-transaction direct holdings
41,679
Directly held common shares by Richard Wagner after the reported transactions
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security
3 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.
tax-withholding disposition financial
"Represents shares withheld for taxes in connection with the vesting of RSUs."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Insteel Industries (IIIN) report for Richard Wagner?
Insteel Industries reported that Senior Vice President and COO Richard Wagner had 2,271 Restricted Stock Units vest and convert into common stock on February 14, 2026. This Form 4 records the RSU vesting, share conversion, and related tax-share withholding.
How many Restricted Stock Units vested for Insteel (IIIN) executive Richard Wagner?
Richard Wagner had 2,271 Restricted Stock Units vest on February 14, 2026. According to the filing, these Restricted Stock Units converted into common stock on a one-for-one basis, resulting in the issuance of 2,271 shares of Insteel Industries common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.