Insteel Industries (IIIN) COO sells 1,640 shares in $49K stock sale
Rhea-AI Filing Summary
INSTEEL INDUSTRIES INC (IIIN) reported that Senior Vice President and COO Richard Wagner sold 1,640 shares of common stock on 2026-08-27 in a sale coded as an open market or private transaction at a reported price of $30.3071 per share. Following this transaction, he directly holds 40,000 shares of INSTEEL INDUSTRIES INC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,640 shares
Net Sell
1 txn
Insider
Wagner Richard
Role
Senior Vice President and COO
Sold
1,640 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,640 | $30.3071 | $50K |
Holdings After Transaction:
Common Stock — 40,000 shares (Direct)
Key Figures
Shares sold: 1,640 shares
Sale price per share: $30.3071 per share
Approximate transaction value: $49,704
+1 more
4 metrics
Shares sold
1,640 shares
Common Stock sale on 2026-08-27 by Senior Vice President and COO Richard Wagner
Sale price per share
$30.3071 per share
Reported price for the 1,640 IIIN common shares sold
Approximate transaction value
$49,704
1,640 shares sold at $30.3071 per share
Shares owned after transaction
40,000 shares
Directly held IIIN common stock by Richard Wagner following the reported sale
Key Terms
Common Stock, Sale in open market or private transaction, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did IIIN executive Richard Wagner report?
Richard Wagner, Senior Vice President and COO of INSTEEL INDUSTRIES INC (IIIN), reported a sale of 1,640 shares of common stock on 2026-08-27 in a transaction coded as a sale in open market or private transaction.
Was the IIIN insider transaction reported as a buy or a sell?
The transaction reported by Richard Wagner in INSTEEL INDUSTRIES INC (IIIN) stock is a sale. It is coded with transaction code “S,” described as a sale in an open market or private transaction, for 1,640 shares.
Does the Richard Wagner Form 4 indicate use of a Rule 10b5-1 trading plan for IIIN?
The Form 4 data indicate that the Rule 10b5-1 plan affirmation box was not checked for this transaction in INSTEEL INDUSTRIES INC (IIIN) stock, meaning the filing does not affirm that the sale occurred under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.