Insteel Industries grants RSUs and options to COO
INSTEEL INDUSTRIES INC reported equity compensation grants to Senior Vice President and COO Richard Wagner.
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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.
Insider Trade Summary
| 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 |
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
Key Terms
Restricted Stock Units financial
vest financial
Option (right to buy) financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did INSTEEL INDUSTRIES INC (IIIN) grant to Richard Wagner?
When do Richard Wagner’s new INSTEEL (IIIN) RSUs vest?
What are the key terms of Richard Wagner’s new stock options at INSTEEL (IIIN)?
How many INSTEEL (IIIN) RSUs and options does Richard Wagner hold from these grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.