Insteel (IIIN) Insider: 1,144 RSUs Converted, 328 Withheld for Taxes
Rhea-AI Filing Summary
Insteel Industries, Inc. (IIIN) - Form 4 summary: Senior Vice President James R. York reported the vesting of 1,144 Restricted Stock Units (RSUs) on 08/15/2025. Each RSU converts one-for-one into common stock, producing 1,144 shares. To satisfy tax withholding related to the vesting, 328 shares were withheld at an indicated price of $37.18, leaving the reporting person with 12,443 shares beneficially owned after the transactions. The filing was executed by an attorney-in-fact and signed on 08/19/2025. All items reported on this form are routine equity compensation vesting and tax withholding events.
Positive
- 1,144 Restricted Stock Units vested, converting to common shares and reflecting ongoing executive alignment with shareholder interests
- Timely disclosure filed on Form 4 and executed by attorney-in-fact, indicating procedural compliance
Negative
- 328 shares withheld for taxes, reducing the net incremental shares received upon vesting
- No open-market purchases were reported, so beneficial ownership increased only via compensation rather than additional investment
Insights
TL;DR: Routine RSU vesting added 1,144 shares; tax withholding reduced net issuance by 328 shares.
The filing documents a standard executive equity compensation event: 1,144 RSUs vested and converted one-for-one into common shares on 08/15/2025. A portion of the shares, 328, were withheld to satisfy tax obligations at a reported withholding price of $37.18. The net increase in beneficial ownership reflects both the vesting and the withholding, with 12,443 shares reported as beneficially owned after the transactions. This is a non-cash compensation realization and does not indicate secondary market selling or additional purchases.
TL;DR: Filing shows a routine, non-disclosive compensation vesting; no changes to control or material governance events.
The Form 4 indicates an internal compensation settlement: RSUs vested and converted into common stock with shares withheld for tax. There are no exercised options, no open-market sales, and no unusual transaction codes beyond standard vesting (codes M and F as reported). The disclosure was timely and executed via attorney-in-fact, consistent with procedural compliance. There is no indication of material corporate governance impact from these transactions.