TANDY LEATHER FACTORY INC·4

Jun 8, 1:08 PM ET

Saadeh-Jajeh Diana 4

4 · TANDY LEATHER FACTORY INC · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Tandy Leather (TLF) Director Diana Saadeh-Jajeh Converts 783 RSUs

What Happened

  • Diana Saadeh-Jajeh, a director of Tandy Leather Factory, converted/exercised 783 derivative units into 783 shares on June 4, 2026 and the same 783 shares were recorded as disposed on the same date. Both the acquisition and disposition are reported at $0.00 per share (no cash consideration reported). This was a conversion of vested awards rather than an open-market purchase.

Key Details

  • Transaction date: 2026-06-04; Filing date (Form 4): 2026-06-08.
  • Reported amounts: 783 shares acquired (derivative exercise/conversion, code M) and 783 shares disposed (derivative disposition) at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — each restricted stock unit (RSU) represents a contingent right to one share on vesting. F2 — the reporting person was granted 3,132 RSUs on June 4, 2024, vesting in annual installments beginning June 4, 2025.
  • No late‑filing flag is indicated on the form.

Context

  • The $0.00 price and the footnotes indicate these shares resulted from conversion of RSU awards rather than a cash purchase. The filing shows the shares were immediately disposed of; Form 4s for conversions/dispositions are often routine and do not by themselves indicate insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-04+7831,566 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-06-047831,566 total
    Common Stock (783 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of TLF common stock upon vesting.
  • [F2]On June 4, 2024, the reporting person was granted 3,132 restricted stock units, vesting in three annual installments beginning June 4, 2025.
Signature
/s/ Ashley Dagley, Attorney-in-fact for Diana Saadeh-Jajeh|2026-06-08

Documents

1 file
  • 4
    form4.xmlPrimary

    FORM 4