Insteel Industries (NASDAQ: IIIN) withholds 344 shares for RSU taxes
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC (IIIN) reported that Senior Vice President James R. York had 1,210 Restricted Stock Units vest on August 14, 2026, which converted into 1,210 shares of common stock on a one-for-one basis. Of these shares, 344 were disposed of at $32.62 per share by being withheld to cover tax liabilities related to the vesting, resulting in a net issuance of 866 shares to the insider. The derivative RSU position tied to this grant was reduced to zero upon vesting.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 866 shares
Net Buy
3 txns
Insider
York James R.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4 | 1,210 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 1,210 | -- | -- |
| Tax Withholding | Common Stock F3 | 344 | $32.62 | $11K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 10,530 shares (Direct)
Footnotes (4)
- F1. Represents the vesting of Restricted Stock Units.
- F2. Restricted Stock Units convert into common stock on a one-for-one basis.
- F3. Represents shares withheld for taxes in connection with the vesting of Restricted Stock Units.
- F4. The Restricted Stock Units vested on August 14, 2026.
Key Figures
RSUs vested: 1,210 shares
Common shares acquired from RSU vesting: 1,210 shares
Shares withheld for taxes: 344 shares
+3 more
6 metrics
RSUs vested
1,210 shares
Restricted Stock Units vested and converted into common stock on August 14, 2026
Common shares acquired from RSU vesting
1,210 shares
Shares of INSTEEL INDUSTRIES INC common stock received upon RSU conversion
Shares withheld for taxes
344 shares
Common shares withheld to satisfy tax liability on RSU vesting
Withholding price per share
$32.62 per share
Price used for shares withheld for taxes on August 14, 2026
Net shares issued from vesting
866 shares
RSU vesting shares (1,210) minus tax-withheld shares (344)
RSUs remaining from this grant
0 units
Total RSUs from this grant after full vesting and conversion
Key Terms
Restricted Stock Units, vested, withheld for taxes, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Represents the vesting of Restricted Stock Units."
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.
vested financial
"The Restricted Stock Units vested on August 14, 2026."
withheld for taxes financial
"Represents shares withheld for taxes in connection with the vesting"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transaction did IIIN report for James R. York on August 14, 2026?
INSTEEL INDUSTRIES INC reported that James R. York had 1,210 Restricted Stock Units vest and convert into 1,210 common shares on August 14, 2026, as part of his equity compensation.
What type of securities were involved in James R. York’s IIIN Form 4 filing?
The transactions involved Restricted Stock Units that converted into common stock of INSTEEL INDUSTRIES INC, reflecting an equity award vesting and related tax-withholding disposition of shares.
Did the Form 4 for IIIN indicate an option exercise price for the RSUs?
No exercise price applied because Restricted Stock Units converted into common stock on a one-for-one basis with a stated price per share of $0.00 for the RSU exercise/conversion itself.
Were James R. York’s IIIN transactions under a Rule 10b5-1 trading plan?
The filing’s 10b5-1 checkbox was not affirmed, indicating these INSTEEL INDUSTRIES INC transactions were not reported as executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.