Insteel Industries (IIIN) awards RSUs and stock options to Senior VP and COO Wagner
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC reported equity compensation grants to Senior Vice President and COO Richard Wagner. He received 2,126 Restricted Stock Units, which convert into common stock on a one-for-one basis and vest on August 10, 2029, bringing his directly held RSUs from this grant to 2,126 units. He also received an option to buy 4,921 shares of common stock at an exercise price of $32.34 per share, vesting in thirds annually beginning one year from the grant date and expiring on August 10, 2036, with 4,921 options held from this grant following the transaction.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wagner Richard
Role
Senior Vice President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 2,126 | $0.00 | $0.00 |
| Grant/Award | Option (right to buy) F3 | 4,921 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,126 shares (Direct);
Option (right to buy) — 4,921 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: 2,126 units
RSU vesting date: August 10, 2029
Options granted: 4,921 shares
+3 more
6 metrics
RSUs granted
2,126 units
Restricted Stock Units granted to Richard Wagner on August 10, 2026
RSU vesting date
August 10, 2029
Vesting date for 2,126 Restricted Stock Units
Options granted
4,921 shares
Stock options granted to purchase common stock on August 10, 2026
Option exercise price
$32.34 per share
Exercise price for 4,921 stock options
Option vesting schedule
1/3 annually
Options vest 1/3 each year beginning one year from grant date
Option expiration date
August 10, 2036
Expiration date for 4,921 stock options
Key Terms
Restricted Stock Units, vest, Option (right to buy), exercise price
4 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.
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.
Option (right to buy) financial
"Option (right to buy) reported as a derivative security grant."
exercise price financial
"Options were granted with an exercise price of 32.3400 per share."
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 INSTEEL INDUSTRIES INC (IIIN) grant to Richard Wagner?
Richard Wagner received 2,126 Restricted Stock Units and an option for 4,921 shares of common stock at $32.34 per share, both granted on August 10, 2026 as part of equity compensation.
When do Richard Wagner’s new INSTEEL (IIIN) RSUs vest?
Richard Wagner’s 2,126 Restricted Stock Units vest on August 10, 2029. These RSUs convert into common stock on a one-for-one basis upon vesting, increasing his ownership if he remains eligible until that date.
What are the key terms of Richard Wagner’s new stock options at INSTEEL (IIIN)?
The option covers 4,921 shares of common stock at an exercise price of $32.34 per share, vests 1/3 annually beginning one year after grant, and expires on August 10, 2036.
How many INSTEEL (IIIN) RSUs and options does Richard Wagner hold from these grants?
Following the reported awards, Richard Wagner holds 2,126 Restricted Stock Units and 4,921 stock options from these specific grants, all reported as direct beneficial ownership positions in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
