Insteel CEO vests 5,647 shares; 1,473 for taxes
INSTEEL INDUSTRIES INC (IIIN) reported that Chairman, President and CEO H. O. Woltz III had 5,647 Restricted Stock Units vest on August 14, 2026, which converted into an equal number of common shares.
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Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC (IIIN) reported that Chairman, President and CEO H. O. Woltz III had 5,647 Restricted Stock Units vest on August 14, 2026, which converted into an equal number of common shares. Of these, 1,473 shares of common stock were disposed of to cover tax liabilities at a price of $32.62 per share, with the remainder retained as directly owned common stock. Woltz is also reported as indirect co-trustee holder of 113,328 common shares in trusts created by the Estate of Howard O. Woltz, Jr. and 57,282 common shares in the Woltz Foundation. The transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4 | 5,647 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 5,647 | -- | -- |
| Tax Withholding | Common Stock F3 | 1,473 | $32.62 | $48K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
Restricted Stock Units financial
convert into common stock on a one-for-one basis financial
withheld for taxes financial
co-trustee financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award event was reported for INSTEEL INDUSTRIES INC (IIIN)?
Did the INSTEEL (IIIN) insider transactions occur under a Rule 10b5-1 trading plan?
What type of derivative security was involved in the INSTEEL (IIIN) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.