Insteel (IIIN) SVP/COO Richard Wagner Receives Equity Awards

What Happened

• Richard Wagner, Senior Vice President and Chief Operating Officer of Insteel Industries, received two equity awards on August 10, 2026: 2,126 restricted stock units (RSUs) and 4,921 derivative awards (options/awards). Each grant was reported at an acquisition price of $0 (typical for compensatory grants); no shares were sold or purchased for cash in this filing.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (timely filing).
• Grants: 2,126 RSUs and 4,921 derivative awards (reported as grant/award, code A).
• Reported acquisition price/value: $0 (award/grant).
• Vesting: RSUs convert 1-for-1 to common stock and vest on August 10, 2029 (F1, F2). The other award vests 1/3 annually beginning one year from the grant date (F3).
• Shares owned after the transaction: not specified in the filing.
• Filing status: no late filing indicated.

Context

• These are compensatory equity awards (not open-market purchases or sales). RSUs and time‑vesting options are commonly used for retention and alignment with shareholders; they do not represent an immediate cash purchase or sale. The RSUs will convert to common stock at vesting; the options vest over time per the schedule above.