Director at INSTEEL INDUSTRIES INC (IIIN) gains 2,703 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC director reports RSU vesting and share increase. On February 10, 2026, director ROGERS W ALLEN II acquired 2,703 shares of common stock through the exercise or conversion of Restricted Stock Units that vested on that date.
The Restricted Stock Units converted into common stock on a one-for-one basis at an exercise price of $0 per share. Following this conversion, the director directly owned 96,167 shares of INSTEEL INDUSTRIES INC common stock, while the reported Restricted Stock Unit balance was reduced to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,703 shares exercised/converted
Mixed
2 txns
Insider
ROGERS W ALLEN II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,703 | $0.00 | -- |
| Exercise | Common Stock | 2,703 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 96,167 shares (Direct)
Footnotes (1)
- Represents the vesting of Restricted Stock Units. Restricted Stock Units convert into common stock on a one-for-one basis. The Restricted Stock Units vested on February 10, 2026.
FAQ
What insider transaction did IIIN director Rogers W Allen II report?
Rogers W Allen II reported acquiring 2,703 INSTEEL INDUSTRIES INC common shares via vesting and conversion of Restricted Stock Units. The transaction used code M, indicating an exercise or conversion of a derivative security into common stock at an exercise price of $0 per share.
Was the IIIN director’s Form 4 transaction a market purchase or sale?
The Form 4 shows an exercise or conversion of Restricted Stock Units, not a market purchase or sale. Code M indicates derivative conversion, with 2,703 Restricted Stock Units vesting and converting into 2,703 common shares at an exercise price of $0 per share.
What do the 2,703 Restricted Stock Units reported for IIIN represent?
The 2,703 Restricted Stock Units represent equity awards that vested and converted into 2,703 INSTEEL INDUSTRIES INC common shares. Footnotes explain the units convert on a one-for-one basis and vested on February 10, 2026, after which no Restricted Stock Units remained outstanding in this award.
What is transaction code M on the IIIN Form 4 for the director?
Transaction code M on the IIIN Form 4 indicates an exercise or conversion of a derivative security. Here, 2,703 Restricted Stock Units were converted into 2,703 common shares at an exercise price of $0, reflecting vesting of the award rather than an open-market trade.
Is the IIIN director’s ownership reported as direct or indirect after the RSU vesting?
The Form 4 reports the director’s 96,167 INSTEEL INDUSTRIES INC common shares as directly owned, using ownership code D. There is no disclosed indirect ownership nature or related entity in the filing for these specific shares following the Restricted Stock Unit conversion.