MCCONNELL MARC H 4

What Happened

• Marc H. McConnell, a 10% owner of Arts Way Manufacturing Co., was reported to have received an award of 1,000 shares on 2026-02-28. The reported acquisition price was $0.00 (a grant/award), so no cash was paid.
• The Form 4 shows beneficial ownership of 252,500 shares after the reported transaction (see footnote breakdown). This is a grant/award (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-02-28; Grant/award of 1,000 shares at $0.00.
• Shares owned after transaction: Report lists 252,500 shares beneficially owned (see footnote for breakdown).
• Footnotes of note:
  • F1: Breaks ownership into 202,501 fully vested shares and 49,999 restricted shares with staggered vesting dates (details in filing).
  • F2: McConnell serves as Managing Member of McConnell Legacy Investments, LLC.
• Filing timeliness: No late filing flag indicated in the provided data.

Context

• This was an award/grant of shares (code A), not an open-market purchase — grants often reflect compensation or incentive awards rather than a direct bullish market bet by the insider.
• As a 10% owner, McConnell’s transactions are reported as large-holder activity; these grants are typical for compensation or ownership adjustments and should be viewed differently than market purchases or sales.