Jafroodi Scot R 4

What Happened

• Scot R. Jafroodi, VP, CFO and Treasurer of Insteel Industries (IIIN), had 2,065 restricted stock units (RSUs) vest on February 14, 2026. The RSUs converted one-for-one into 2,065 shares of common stock.
• To cover taxes, 538 of those shares were withheld (disposed) at a per-share value of $37.58, totaling about $20,218. After withholding, Jafroodi retained a net of 1,527 shares (2,065 − 538). The filing shows the RSU derivative being converted (disposition of the derivative at $0) as part of the conversion process.

Key Details

• Transaction date: February 14, 2026 (vesting/conversion). Filing date: February 17, 2026. No late filing is indicated in the provided form.
• Shares converted/acquired: 2,065 (RSUs → common stock). Shares withheld for taxes (disposed): 538 at $37.58 each, $20,218 total. Net shares added to holdings: 1,527.
• Footnotes: RSUs vested on Feb 14, 2026; RSUs convert one-for-one into common stock; shares were withheld to satisfy tax withholding.
• Shares owned after the transaction: not disclosed in the excerpt provided.

Context

• This was an RSU vesting and conversion event, not an open-market purchase or a voluntary sale. Withholding shares to pay taxes is a routine administrative step and does not necessarily signal insider sentiment.
• For derivative entries: the reported disposition of the derivative at $0 reflects conversion of the RSU instrument into underlying common shares.