Baalmann Richard Fenton JR 4

4 · ESCALADE INC · Filed May 8, 2026

AI-generated summary of this filing

Updated May 9, 2026

Escalade (ESCA) Director Richard Baalmann Receives RSU Award & Settles RSUs

What Happened

Richard Fenton Baalmann Jr., a director of Escalade, was granted 5,000 restricted stock units (RSUs) on May 6, 2026 and had previously‑granted RSUs vest and convert into 4,400 shares on May 7–8, 2026. The filing reports these derivative conversions/settlements with $0 consideration (RSUs convert one-for-one to common stock).

Key Details

Transactions:
- May 6, 2026 — Grant: 5,000 RSUs awarded (no cash paid).
- May 7, 2026 — 2,250 RSUs vested and were converted/settled into 2,250 common shares (reported as a derivative conversion; $0 consideration).
- May 8, 2026 — 2,150 RSUs vested and were converted/settled into 2,150 common shares (reported as a derivative conversion; $0 consideration).
Reported prices/values: $0 per share reported for the conversions/settlements; no cash proceeds or open‑market sales reported in the provided excerpt.
Shares owned after transaction: not specified in the provided filing excerpt.
Footnotes of note:
- F1/F2: RSUs convert one-for-one into common stock under the Escalade 2017 Incentive Plan.
- F3: The 5,000 RSU grant vests half on May 6, 2027 and half on May 6, 2028, conditioned on continued service as a director.
- F4/F5: Prior RSU grants from 2024 and 2025 describe the vesting schedule that produced the 2,250 and 2,150 RSU settlements.
Filing timeliness: Report filed May 8, 2026 for activity through May 6–8, 2026 — appears timely (no late‑filing flag in the excerpt).

Context

These entries reflect RSU awards and vesting/settlements (derivative conversions), not open‑market purchases or discretionary sales. Vesting/settlement of RSUs is a routine form of compensation for directors and does not, by itself, indicate a buy/sell signal.

Form 4

Period: 2026-05-06

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-07+2,250→ 102,644 total
Exercise/Conversion
Common Stock
[F1]
2026-05-08+2,150→ 104,794 total
Award
Restricted Stock Units
[F2][F3]
2026-05-06+5,000→ 5,000 total
Exp: 2028-05-06→ Common Stock (5,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F2][F4]
2026-05-07−2,250→ 2,250 total
Exp: 2027-05-07→ Common Stock (2,250 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F2][F5]
2026-05-08−2,150→ 0 total
Exp: 2026-05-08→ Common Stock (2,150 underlying)

Footnotes (5)

[F1]Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
[F2]Each Restricted Stock Unit (RSU) represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (the "Plan"). Shares will be delivered to the reporting person upon vesting of the applicable RSUs, unless the reporting person defers receipt.
[F3]On May 6, 2026, the reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan, of which one half will vest on May 6, 2027 and one half on May 6, 2028, provided that the reporting person remains a director of Escalade.
[F4]On May 7, 2025, the reporting person was granted 4,500 RSUs pursuant to the Escalade 2017 Plan, of which one half vested on May 7, 2026 and one half will vest on May 7, 2027, provided that the reporting person remains a director of Escalade.
[F5]On May 8, 2024, the reporting person was granted 4,300 RSUs pursuant to the Escalade 2017 Plan, of which 2,150 RSUs vested and settled on May 8, 2025 and the remaining 2,150 RSUs vest and settled on May 8, 2026.

Signature

/s/ RICHARD F. BAALMANN, JR.|2026-05-08

1 file