MCCONNELL MARC H 4

What Happened

• Marc H. McConnell, a 10% owner of Arts Way Manufacturing Co., received a grant/award of 30,000 shares of restricted common stock on 2026-01-21. The shares were reported as acquired at $0.00 (award), so no cash changed hands as part of this grant.

Key Details

• Transaction date: 2026-01-21; Filing date: 2026-01-22 (timely).
• Transaction type/code: Award/Grant (A); price reported $0.00; aggregate cash value $0.
• Shares acquired: 30,000 restricted shares.
• Shares beneficially owned after the transaction: 251,500 shares (per footnote breakdown).
• Vesting schedule (selected details from footnote): the 30,000-share award vests in thirds — 10,000 shares on each of 1/21/2027, 1/21/2028 and 1/21/2029. Other existing restricted holdings have staggered vesting dates (see filing).
• Reporting note: McConnell is Managing Member of McConnell Legacy Investments, LLC (per filing footnote).

Context

• This was a restricted stock award (not an open-market purchase or sale). Awards indicate compensation or retention alignment rather than an immediate market bet; the shares vest over time and are not immediately liquid. As a 10% owner, filings are subject to insider reporting rules but do not by themselves indicate intent to buy or sell shares.