Insteel (IIIN) CEO H.O. Woltz III details RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insteel Industries Chairman, President and CEO H.O. Woltz III reported the vesting and conversion of 5,781 restricted stock units into common stock on February 14, 2026. To cover taxes from this vesting, 1,508 common shares were withheld at a price of $37.58 per share. Following these transactions, he directly owned 501,294 common shares, with additional indirect holdings of 113,328 shares as co-trustee of trusts created by the Estate of Howard O. Woltz, Jr., and 57,282 shares as co-trustee of the Woltz Foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,781 shares exercised/converted
Mixed
5 txns
Insider
WOLTZ H O III
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,781 | $0.00 | -- |
| Exercise | Common Stock | 5,781 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,508 | $37.58 | $57K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 502,802 shares (Direct);
Common Stock — 113,328 shares (Indirect, Co-trustee of Trusts created by Estate of Howard O. Woltz, Jr.)
Footnotes (1)
- Represents the vesting of Restricted Stock Units. Restricted Stock Units convert into common stock on a one-for-one basis. Represents shares withheld for taxes in connection with the vesting of Restricted Stock Units. The Restricted Stock Units vested on February 14, 2026.
FAQ
What insider transaction did IIIN a0CEO H.O. Woltz a0III report on February 14, 2026?
He reported vesting and conversion of 5,781 restricted stock units into Insteel common stock. This was an equity compensation event rather than an open-market trade, reflecting the scheduled vesting of previously granted stock-based awards.
What is H.O. Woltz a0III's direct ownership of Insteel (IIIN) after the February 2026 transactions?
After the reported RSU vesting and tax withholding, H.O. Woltz a0III directly owned 501,294 shares of Insteel common stock. This figure reflects his direct holdings only and excludes any indirect ownership through trusts or foundations.
What indirect Insteel (IIIN) holdings are reported for H.O. Woltz a0III?
He reported indirect ownership of 113,328 common shares as co-trustee of trusts created by the Estate of Howard O. Woltz, Jr., and 57,282 shares as co-trustee of the Woltz Foundation, in addition to his direct holdings.
What do the transaction codes M and F mean in this Insteel (IIIN) insider report?
Code M indicates an exercise or conversion of a derivative security, here the RSUs converting into common stock. Code F indicates a tax-withholding disposition, where shares are withheld to satisfy tax obligations related to the vesting.