Insteel (NASDAQ: IIIN) COO has 2,218 RSUs vest, 578 withheld
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC (IIIN) reported insider equity compensation activity by Senior Vice President and COO Richard Wagner. On August 14, 2026, 2,218 Restricted Stock Units vested and converted into 2,218 shares of Common Stock on a one-for-one basis. In connection with this vesting, 578 shares of Common Stock were withheld to satisfy tax liabilities at a price of $32.62 per share. Following the vesting, no Restricted Stock Units from this grant remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,640 shares
Net Buy
3 txns
Insider
Wagner Richard
Role
Senior Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4 | 2,218 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 2,218 | -- | -- |
| Tax Withholding | Common Stock F3 | 578 | $32.62 | $19K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 41,640 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: 2,218 shares
Common shares acquired from RSUs: 2,218 shares
Shares withheld for taxes: 578 shares
+4 more
7 metrics
RSUs vested
2,218 shares
Restricted Stock Units converted into Common Stock on August 14, 2026
Common shares acquired from RSUs
2,218 shares
Shares of Common Stock received upon RSU vesting
Shares withheld for taxes
578 shares
Common Stock withheld to satisfy tax liabilities on vesting
Tax withholding price
$32.62 per share
Per-share value used for tax-related share withholding
RSUs remaining from this grant
0 units
Total Restricted Stock Units following the vesting transaction
Exercise/Conversion transactions
1 event
Derivative exercise/conversion events reported in transaction summary
Tax-liability share transactions
578 shares
Shares delivered or withheld for tax liability (code F)
Key Terms
Restricted Stock Units, convert into common stock, withheld for taxes, payment of tax liability
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.
convert into common stock financial
"Restricted Stock Units convert into common stock on a one-for-one basis."
withheld for taxes financial
"Represents shares withheld for taxes in connection with the vesting"
payment of tax liability financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What insider equity transaction did IIIN executive Richard Wagner report on August 14, 2026?
Richard Wagner reported the vesting of 2,218 Restricted Stock Units into 2,218 shares of IIIN Common Stock on August 14, 2026. This reflects routine equity compensation vesting rather than an open-market purchase or sale of common shares.
Did Richard Wagner exercise options or convert derivatives into IIIN common stock?
Yes. 2,218 Restricted Stock Units were converted into 2,218 shares of IIIN Common Stock on a one-for-one basis. This conversion reflects the scheduled vesting terms of the RSUs, not a discretionary open-market trade.
Were any Restricted Stock Units left outstanding for Richard Wagner after this IIIN transaction?
For this specific grant, the Form 4 shows 0 Restricted Stock Units remaining after the 2,218 units vested. The vesting date was August 14, 2026, completing this RSU award’s conversion into common shares.
Was the August 14, 2026 IIIN Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a trading plan transaction. The reported activity involves RSU vesting and tax-related share withholding, which typically follow preset award terms rather than discretionary trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.