Insteel Industries (IIIN) SVP Wagner reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insteel Industries executive Richard Wagner reported equity award activity involving company stock. On February 14, 2026, 2,271 Restricted Stock Units vested and converted into 2,271 shares of Insteel Industries common stock. These shares were acquired at an exercise price of $0, increasing his directly held common stock to 42,271 shares.
On the same date, 592 shares of common stock at $37.58 per share were withheld to cover tax obligations related to the vesting. After this tax-withholding disposition, Wagner directly owned 41,679 shares of Insteel Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,271 shares exercised/converted
Mixed
3 txns
Insider
Wagner Richard
Role
Senior Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,271 | $0.00 | -- |
| Exercise | Common Stock | 2,271 | $0.00 | -- |
| Tax Withholding | Common Stock | 592 | $37.58 | $22K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 42,271 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 Richard Wagner report at Insteel Industries (IIIN)?
Richard Wagner reported vesting of 2,271 Restricted Stock Units that converted into 2,271 shares of Insteel Industries common stock. The filing also shows a related share withholding for taxes, leaving him with 41,679 directly owned common shares after the transactions.
What role does Richard Wagner hold at Insteel Industries (IIIN)?
Richard Wagner serves as Senior Vice President and Chief Operating Officer at Insteel Industries. His Form 4 filing reports equity compensation activity typical for senior executives, including Restricted Stock Unit vesting and related share withholding for tax obligations.