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UNIFI EVP Ning converts 7,922 restricted stock units

The award was granted on November 6, 2023, with 50% of its 15,844 restricted stock units scheduled to vest on November 6, 2026.

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Form Type
4

Rhea-AI Filing Summary

UNIFI Inc. EVP Hongjun Ning reported conversion of 7,922 restricted stock units and acquisition of 7,922 common shares on November 6, 2026; a separate transaction records 7,922 common shares returned to the issuer at $5.93 per share. The units are settled in cash under the grant terms, and the derivative row reports 0 units following the transaction.

Insider Ning Hongjun
Role EVP
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 7,922 $0.00 $0.00
Exercise Common Stock F1 7,922 -- --
Disposition Common Stock 7,922 $5.93 $47K
Holdings After Transaction: Restricted Stock Units — 0 units (Direct); Common Stock — 0 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit is the economic equivalent of one share of the issuer's common stock and, pursuant to the terms of the grant, is settled in cash.
  2. F2. On November 6, 2023, the reporting person was granted 15,844 restricted stock units, with 25% vesting on November 6, 2024, 25% vesting on November 6, 2025, and 50% vesting on November 6, 2026.
Restricted stock units converted 7,922 units November 6, 2026
Common shares acquired 7,922 shares November 6, 2026
Common shares returned to issuer 7,922 shares November 6, 2026
Price per share $5.93 per share Common shares returned to issuer on November 6, 2026
Restricted stock units following transaction 0 units After the November 6, 2026 transaction
Restricted stock units granted 15,844 units Granted November 6, 2023
restricted stock unit financial
"Each restricted stock unit is the economic equivalent of one share"
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.
settled in cash financial
"pursuant to the terms of the grant, is settled in cash"
vesting financial
"50% vesting on November 6, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many UFI shares did EVP Hongjun Ning return to the issuer, and at what price?

EVP Hongjun Ning reported returning 7,922 common shares to the issuer on November 6, 2026, at $5.93 per share. The same date's transaction entries also report acquisition of 7,922 common shares in connection with restricted stock unit conversion.

When were UFI's restricted stock units granted, and how did they vest?

The 15,844 restricted stock units were granted on November 6, 2023. The schedule provided for 25% vesting on November 6, 2024, 25% on November 6, 2025, and 50% on November 6, 2026; the units are settled in cash under the grant terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ning Hongjun

(Last)(First)(Middle)
7201 W. FRIENDLY AVE.

(Street)
GREENSBORO NORTH CAROLINA 27410

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
UNIFI INC [ UFI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/06/2026M7,922A(1)7,922D
Common Stock11/06/2026D7,922D$5.930D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)11/06/2026M7,922 (2) (2)Common Stock7,922$00D
Explanation of Responses:
1. Each restricted stock unit is the economic equivalent of one share of the issuer's common stock and, pursuant to the terms of the grant, is settled in cash.
2. On November 6, 2023, the reporting person was granted 15,844 restricted stock units, with 25% vesting on November 6, 2024, 25% vesting on November 6, 2025, and 50% vesting on November 6, 2026.
/s/ WESLEY M. SUTTLE, attorney-in-fact11/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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