Insteel Industries (IIIN) grants RSUs and stock options to Senior Vice President
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC reported that Senior Vice President James R. York received equity-based compensation awards. He was granted 1,160 Restricted Stock Units, which convert into common stock on a one-for-one basis and vest on August 10, 2029. He also received options on 2,684 shares of common stock at an exercise price of $32.34 per share, vesting one-third annually beginning one year from the August 10, 2026 grant date and expiring on August 10, 2036. All reported holdings are shown as directly owned following these grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
York James R.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 1,160 | $0.00 | $0.00 |
| Grant/Award | Option (right to buy) F3 | 2,684 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,160 shares (Direct);
Option (right to buy) — 2,684 shares (Direct)
Footnotes (3)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis.
- F2. The Restricted Stock Units vest August 10, 2029.
- F3. Options vest 1/3 annually beginning one year from grant date.
Key Figures
Restricted Stock Units granted: 1,160 units
RSU vesting date: August 10, 2029
Options granted: 2,684 shares
+3 more
6 metrics
Restricted Stock Units granted
1,160 units
Equity award to Senior Vice President James R. York on August 10, 2026
RSU vesting date
August 10, 2029
Vesting date for 1,160 Restricted Stock Units granted to James R. York
Options granted
2,684 shares
Stock options on common stock granted to James R. York on August 10, 2026
Option exercise price
$32.34 per share
Exercise price for 2,684 stock options granted to James R. York
Option vesting start
One year from grant
Options vest 1/3 annually beginning one year from August 10, 2026
Option expiration date
August 10, 2036
Expiration date for 2,684 stock options granted to James R. York
Key Terms
Restricted Stock Units, exercise price, vest, Option (right to buy)
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert into common stock on a one-for-one basis"
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.
exercise price financial
"conversion_or_exercise_price: "32.3400" per share for stock options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"The Restricted Stock Units vest August 10, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Option (right to buy) financial
"security_title: "Option (right to buy)" on common stock"
FAQ
What equity awards did INSTEEL INDUSTRIES INC (IIIN) grant to James R. York?
James R. York received 1,160 Restricted Stock Units and options on 2,684 shares of INSTEEL INDUSTRIES INC common stock as equity-based compensation.
When do the new Restricted Stock Units for IIIN’s James R. York vest?
The 1,160 Restricted Stock Units granted to James R. York vest on August 10, 2029, after which they convert into the same number of INSTEEL INDUSTRIES INC common shares.
What are the key terms of the stock options granted to IIIN executive James R. York?
James R. York received options on 2,684 shares at an exercise price of $32.34 per share, vesting one-third annually beginning one year from grant and expiring August 10, 2036.
How many INSTEEL INDUSTRIES INC RSUs does James R. York hold after this Form 4?
Following the reported transaction, James R. York holds 1,160 Restricted Stock Units directly, representing a potential equivalent number of INSTEEL INDUSTRIES INC common shares upon vesting.
Are James R. York’s new INSTEEL INDUSTRIES INC equity awards directly owned?
Yes. The Form 4 indicates that both the 1,160 Restricted Stock Units and the 2,684 stock options are held with direct ownership by James R. York.
Do the new RSUs and options for IIIN’s James R. York convert into common stock?
The Restricted Stock Units convert into common stock on a one-for-one basis, while the 2,684 options give the right to buy common shares at $32.34 after vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
