Tandy Leather director receives stock and RSU awards
Tandy Leather Factory director Victoria Marie Cantrell received additional equity compensation on June 9, 2026.
Rhea-AI Filing Summary
Tandy Leather Factory director Victoria Marie Cantrell received additional equity compensation on June 9, 2026. She acquired 6,714 shares of common stock through the exercise of restricted stock units and separately was awarded 6,035 shares of common stock by the Board of Directors. Footnotes explain that each restricted stock unit converts into one common share and that the Administrative Committee accelerated vesting of all her previously unvested restricted stock units granted between 2023 and 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,714 shares exercised/converted
Exercise
3 txns
Insider
CANTRELL VICTORIA MARIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,714 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,035 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,714 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 29,935 shares (Direct)
Footnotes (3)
- F1. Represents common stock awarded by the Board of Directors on June 9, 2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of TLF common stock upon vesting.
- F3. On June 6, 2023, the reporting person was granted 3,248 restricted stock units, on June 4, 2024, the reporting person was granted 3,132 restricted stock units and on June 10, 2025 the reporting person was granted 4,336 restricted stock units all vesting in four annual installments. On June 9, 2026, the Administrative Committee accelerated vesting of all unvested restricted stock units.
Key Figures
Common shares from RSU exercise: 6,714 shares
Board stock award: 6,035 shares
RSU exercise price: $0.0000 per unit
+3 more
6 metrics
Common shares from RSU exercise
6,714 shares
Common stock acquired by RSU exercise on June 9, 2026
Board stock award
6,035 shares
Common stock awarded by Board of Directors on June 9, 2026
RSU exercise price
$0.0000 per unit
Stated transaction price and conversion price for RSUs
2023 RSU grant
3,248 restricted stock units
Granted on June 6, 2023; vesting in four annual installments
2024 RSU grant
3,132 restricted stock units
Granted on June 4, 2024; vesting in four annual installments
2025 RSU grant
4,336 restricted stock units
Granted on June 10, 2025; vesting in four annual installments
Key Terms
Restricted Stock Unit, accelerated vesting, grant, Board of Directors
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of TLF common stock upon vesting."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
accelerated vesting financial
"On June 9, 2026, the Administrative Committee accelerated vesting of all unvested restricted stock units."
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
grant financial
"On June 6, 2023, the reporting person was granted 3,248 restricted stock units..."
Board of Directors financial
"Represents common stock awarded by the Board of Directors on June 9, 2026."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TLF director Victoria Cantrell report on June 9, 2026?
Victoria Cantrell reported acquiring common stock in Tandy Leather Factory through compensation-related events on June 9, 2026. She exercised restricted stock units into 6,714 common shares and separately received a board-approved award of 6,035 common shares, with no open-market buying or selling disclosed.
What stock award did the TLF Board grant to Victoria Cantrell in June 2026?
The Board of Directors awarded Victoria Cantrell 6,035 shares of Tandy Leather Factory common stock on June 9, 2026. A footnote clarifies this represents common stock directly awarded by the Board, separate from shares obtained through restricted stock unit exercises on the same date.
How were Victoria Cantrell’s TLF restricted stock units treated in this Form 4 filing?
Restricted stock units were exercised into 6,714 Tandy Leather Factory common shares at a stated price of $0.0000 per unit. Footnotes add that all unvested restricted stock units granted in 2023, 2024, and 2025 had their vesting accelerated by the Administrative Committee on June 9, 2026.
Does the TLF Form 4 show any stock sales by Victoria Cantrell?
The Form 4 does not show any sales by Victoria Cantrell; all transactions are coded as acquisitions. She exercised restricted stock units into common shares and received an additional stock award, with no sale codes or dispositions such as open-market sales or tax-withholding transactions reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
