Wagner Richard 4

What Happened Richard Wagner, Senior Vice President and Chief Operating Officer of Insteel Industries (IIIN), sold 1,679 shares of company stock in an open-market transaction on February 26, 2026. The shares were sold at $37.67 each for total proceeds of approximately $63,248. This was a sale (code S) rather than a purchase or option exercise.

Key Details

• Transaction date and price: 2026-02-26, 1,679 shares at $37.67 per share.
• Gross proceeds: ~$63,248.
• Shares owned after transaction: Not disclosed on this Form 4.
• Filing date: Form 4 filed 2026-02-27 (filed the next day; appears timely under Form 4 rules).
• Plan/notes: The filing does not indicate a 10b5-1 trading plan, tax-withholding, or other footnotes.

Context

• Sale transactions by officers can be routine (liquidity, diversification, tax reasons) and do not necessarily signal a change in company outlook. This report documents an open-market sale of existing shares, not an options exercise or grant.