White David Allan 4

What Happened

• David Allan White, a director of Arts Way Manufacturing Co. (ARTW), was granted 1,000 shares of restricted stock on February 28, 2026. The award was reported at $0.00 per share (total reported value $0), and the filing classifies the transaction as an award/grant (code A).

Key Details

• Transaction date: 2026-02-28; Filing date: 2026-03-02 (appears timely; Form 4 is due within two business days).
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,000 restricted shares; reported acquisition price: $0.00; reported total value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Grant "represents fully-vested restricted stock granted pursuant to the director compensation plan" — these shares are fully vested upon grant.
• Insider status: Director (not reported as a 10% owner).

Context

• This was a compensation award rather than a purchase or sale, so it reflects director pay rather than a market-direction trade. Fully-vested restricted stock means the shares are immediately owned without future vesting conditions.