4Filed Aug 11, 8:00 PM ET

Insteel (IIIN) CFO Scot Jafroodi Receives 6,407-Unit Award

$IIIN · INSTEEL INDUSTRIES INC

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Insteel (IIIN) CFO Scot Jafroodi Receives 6,407-Unit Award

What Happened

  • Scot R. Jafroodi, Vice President, Chief Financial Officer and Treasurer of Insteel Industries, was granted derivative awards totaling 6,407 units on August 10, 2026: 1,933 units and 4,474 units, each reported at $0.00 per unit (transaction code A — award/grant). These are equity-linked awards, not open-market purchases or sales, so there was no cash exchanged and no immediate change in free-floating shares.

Key Details

  • Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (appears timely).
  • Awarded amounts: 1,933 units and 4,474 units; total = 6,407 units; price reported = $0.00 (award/grant).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes from the filing:
    • F1: Some awards are Restricted Stock Units (RSUs) that convert into common stock on a one-for-one basis.
    • F2: The RSUs vest on August 10, 2029.
    • F3: Option awards (if included) vest 1/3 annually beginning one year from the grant date.
  • Transaction type: award/grant (A). No sale or purchase code; no indication of tax withholding or immediate disposition in the filing.

Context

  • These awards are compensation/retention instruments rather than open-market buys (which some investors view as a stronger near-term bullish signal). RSUs convert to shares only when vested; stock options (if part of the grant) vest over time per the 1/3 annual schedule. No immediate liquidity or shares sold is indicated by this filing.