INSTEEL INDUSTRIES INC (IIIN) awards RSUs and $32.34 options to senior officer
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC reported that officer Southern Elizabeth Carroll, VP, Secretary and CLO, received new equity awards. She was granted 1,160 Restricted Stock Units that convert into common stock on a one-for-one basis and vest on August 10, 2029. She also received options on 2,684 shares of common stock with an exercise price of $32.34 per share, vesting in three equal annual installments beginning one year from the August 10, 2026 grant date and expiring on August 10, 2036. These awards are held as direct ownership and represent compensation-related acquisitions rather than market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Southern Elizabeth Carroll
Role
VP, Secretary and CLO
| 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
RSUs granted: 1,160 units
RSU vesting date: August 10, 2029
Options granted: 2,684 shares
+5 more
8 metrics
RSUs granted
1,160 units
Restricted Stock Units granted on August 10, 2026, converting one-for-one into common stock
RSU vesting date
August 10, 2029
Vesting date for 1,160 Restricted Stock Units granted to Southern Elizabeth Carroll
Options granted
2,684 shares
Options on common stock granted on August 10, 2026, held directly
Option exercise price
$32.34 per share
Exercise price for 2,684 stock options on INSTEEL INDUSTRIES INC common stock
Option vesting schedule
1/3 annually
Options vest one-third each year beginning August 10, 2027
Option expiration date
August 10, 2036
Expiration for options granted on August 10, 2026 if not exercised
RSUs following transaction
1,160 units
Total Restricted Stock Units directly held by the officer after the grant
Options following transaction
2,684 shares
Total option-based derivative position directly held after the grant
Key Terms
Restricted Stock Units, one-for-one basis, Option (right to buy), vest, +1 more
5 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.
one-for-one basis financial
"Restricted Stock Units convert into common stock on a one-for-one basis."
Option (right to buy) financial
"Option (right to buy) with an exercise price of $32.34 per share."
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.
exercise price financial
"Options vest 1/3 annually beginning one year from grant date."
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.
FAQ
What equity awards did Southern Elizabeth Carroll receive at INSTEEL INDUSTRIES INC (IIIN)?
Southern Elizabeth Carroll received 1,160 Restricted Stock Units and options on 2,684 shares of INSTEEL INDUSTRIES INC common stock as compensation-related grants on August 10, 2026.
What are the vesting terms of the new RSUs reported by IIIN?
The 1,160 Restricted Stock Units granted to Southern Elizabeth Carroll vest on August 10, 2029. Each RSU converts into one share of common stock upon vesting, providing future share delivery if service conditions are met.
What is the exercise price and term of the new stock options at IIIN?
The newly granted options cover 2,684 shares at an exercise price of $32.34 per share, vesting one-third annually from August 10, 2027 and expiring on August 10, 2036 if not exercised earlier.
Were there any stock sales or purchases by Southern Elizabeth Carroll in this IIIN Form 4?
No stock sales or market purchases were reported. The Form 4 shows only acquisitions of equity awards (RSUs and options) as part of compensation, with no buy or sell transactions in the open market.
Is the IIIN Form 4 filed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The reported transactions are compensation grants of RSUs and options, not sales under a trading plan, based on the provided data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
