Insteel Industries (IIIN) director awarded 2,297 restricted stock units vesting 2027
Rhea-AI Filing Summary
Insteel Industries director Eric Zernikow received a new equity award. On February 10, 2026, he was granted 2,297 Restricted Stock Units at a price of $0 per unit, reported as a derivative security.
The 2,297 Restricted Stock Units convert into an equal number of Insteel common shares on a one-for-one basis and will vest on February 10, 2027. Following this grant, Zernikow directly holds 2,297 derivative securities linked to Insteel common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zernikow Eric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,297 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,297 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into common stock on a one-for-one basis. The Restricted Stock Units will vest on February 10, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Insteel Industries (IIIN) report for Eric Zernikow?
Insteel Industries reported that director Eric Zernikow received 2,297 Restricted Stock Units on February 10, 2026 at a price of $0. These units are a stock-based award that will convert into common shares after vesting.
How many Restricted Stock Units were granted to the Insteel (IIIN) director?
Eric Zernikow was granted 2,297 Restricted Stock Units. Each unit represents the right to receive one share of Insteel common stock, subject to vesting conditions disclosed in the filing for this equity award.
When do Eric Zernikow’s Insteel (IIIN) Restricted Stock Units vest?
The Restricted Stock Units granted to Eric Zernikow will vest on February 10, 2027. Vesting means the units convert into Insteel common shares on that date, assuming the applicable conditions are satisfied.
What does one-for-one conversion mean for Insteel (IIIN) Restricted Stock Units?
A one-for-one conversion means each Restricted Stock Unit becomes one share of Insteel common stock. For Eric Zernikow, his 2,297 units will convert into 2,297 common shares when they vest on February 10, 2027.
Is Eric Zernikow’s Insteel (IIIN) equity award a direct holding?
Yes. The Form 4 indicates the 2,297 Restricted Stock Units are held as a direct interest. The ownership code is shown as “D,” meaning the derivative securities are directly owned by Eric Zernikow rather than through an intermediate entity.
What transaction code applies to the Insteel (IIIN) director’s equity grant?
The transaction is coded “A,” which in this context indicates a grant, award, or other acquisition of derivative securities. It reflects an equity award of 2,297 Restricted Stock Units to director Eric Zernikow rather than an open-market purchase.