BOXLEY ABNEY S III 4
4 · INSTEEL INDUSTRIES INC · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
INSTEEL (IIIN) Director Boxley Abney Receives RSU Award, Converts Shares
What Happened Boxley Abney S III, a director of Insteel Industries, received a grant of 2,297 restricted stock units (RSUs) on Feb 10, 2026 and had 2,703 RSUs vest and convert into 2,703 common shares on Feb 11, 2026. The filing shows the 2,703 converted shares were reported as disposed on Feb 11, 2026. All items report $0.00 as the per-share price or value for the awards/conversions in the Form 4 excerpt.
Key Details
- Transaction types: Award/Grant (A) of 2,297 RSUs on 2026-02-10; Exercise/conversion (M) of 2,703 RSUs into common stock on 2026-02-11 (acquired) and a matching Exercise/conversion (M) entry showing 2,703 shares disposed on 2026-02-11.
- Reported prices/values: $0.00 per unit/share in the filing; one acquisition line lists price as N/A. No cash proceeds are reported in the excerpt.
- Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
- Footnotes from the filing:
- F1: Represents the vesting of Restricted Stock Units.
- F2: RSUs convert into common stock on a one-for-one basis.
- F3: The 2,297 RSUs granted on 2026-02-10 will vest on February 10, 2027.
- F4: The 2,703 RSUs vested on February 11, 2026.
- Timeliness: Period of report is 2026-02-10 and the Form 4 was filed 2026-02-12 — the filing appears timely (no late filing flag reported).
Context
- These transactions reflect RSU awards and conversions rather than open-market purchases. The 2,703-unit conversion and same-day disposition are recorded, but the Form 4 excerpt does not indicate whether the disposition was an open-market sale, tax withholding/net settlement, or another mechanism.
- For retail investors, awards and vesting are compensation events and do not necessarily signal an insider opinion about the company; purchases are generally more indicative of direct insider buying interest.
Insider Transaction Report
Form 4
BOXLEY ABNEY S III
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-11+2,703→ 16,433 total - Award
Restricted Stock Units
[F2][F3]2026-02-10+2,297→ 2,297 total→ Common Stock (2,297 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-02-11−2,703→ 0 total→ Common Stock (2,703 underlying)
Holdings
- 5,028(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]Represents the vesting of Restricted Stock Units.
- [F2]Restricted Stock Units convert into common stock on a one-for-one basis.
- [F3]The Restricted Stock Units will vest on February 10, 2027.
- [F4]The Restricted Stock Units vested on February 11, 2026.
Signature
/s/ Elizabeth C. Southern, Attorney-in-Fact|2026-02-12