IIIN Insider Filing: Woltz Reports Small Disposal, Large Remaining Stake
Rhea-AI Filing Summary
Woltz H O III, who serves as Chairman, President and CEO and is also a director of Insteel Industries, Inc. (IIIN), reported a change in beneficial ownership on 08/28/2025. The filing shows a transaction coded "G" disposing of 2,025 shares of Common Stock for $0, leaving Mr. Woltz with 501,321 shares directly and additional indirect holdings of 113,328 shares as co-trustee of trusts created by the Estate of Howard O. Woltz, Jr., plus 57,282 shares as co-trustee of the Woltz Foundation. The Form 4 was signed by an attorney-in-fact on 08/29/2025.
Positive
- Continued substantial insider ownership: Mr. Woltz retains 501,321 shares directly and a combined 170,610 shares indirectly, indicating significant alignment with shareholders
- Proper Form 4 disclosure: Transaction and ownership details are reported and signed by an attorney-in-fact, satisfying filing requirements
Negative
- None.
Insights
TL;DR: Insider disposed of a small block relative to total holdings; large residual ownership remains.
The reported disposal of 2,025 shares represents a very small fraction of Mr. Woltz's direct position of 501,321 shares (plus substantial indirect holdings). This filing signals limited change in overall ownership concentration by a principal executive and director. Because the transaction size is immaterial relative to his total holdings, it is unlikely to materially affect company control or valuation on its own. Investors monitoring insider activity can note continued significant insider ownership.
TL;DR: Director and CEO retains significant direct and indirect ownership after the reported disposition.
The Form 4 discloses governance-relevant ownership: 501,321 shares directly plus 170,610 shares indirectly held via trusts and a foundation under co-trusteeship. Such concentrated insider ownership can align management and shareholder interests. The small reported disposition does not indicate a change in governance control. The filing is complete in reporting roles and the signature by an attorney-in-fact is noted, meeting Form 4 procedural requirements.