WOLTZ H O III 4
Research Summary
AI-generated summary
Insteel (IIIN) CEO H.O. Woltz Receives RSUs; 1,508 Shares Withheld
What Happened H.O. Woltz, Chairman, President & CEO of Insteel Industries (IIIN), had 5,781 restricted stock units (RSUs) vest on February 14, 2026. The RSUs converted one-for-one into 5,781 common shares. To satisfy tax withholding obligations, 1,508 of those shares were withheld (disposed) at an implied withholding value of $37.58 per share for a total tax withholding of $56,671. Net shares delivered to Woltz after withholding: 4,273.
Key Details
- Transaction date: 2026-02-14 (reported on Form 4 filed 2026-02-17)
- Primary actions: RSU vesting/conversion to common stock (code M) and shares withheld for taxes (code F)
- Shares vested/converted: 5,781
- Shares withheld for taxes (disposed): 1,508 at $37.58 per share = $56,671
- Net shares received by insider: 4,273
- Footnotes: RSUs vested on 2/14/2026 and convert one-for-one into common stock; shares withheld represent tax withholding in connection with the vesting
- Filing timeliness: Not indicated as late in the filing
Context This was not an open-market purchase or sale but a routine executive award vesting and tax-withholding transaction. The RSUs converted into shares (a non-cash award), and the company withheld a portion of the shares to cover taxes (a common cashless withholding method). Such vesting events are standard compensation-related transactions and do not by themselves signal the insider buying or selling stock in the market.