Baalmann Richard Fenton JR 4

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.