CROWN CRAFTS (CRWS) Director Michael Benstock Receives 33,546-Share Award

What Happened

• Michael Benstock, a director of Crown Crafts, received an award of 33,546 restricted shares on 2026-08-13. The filing reports an acquisition price of $0.00, indicating these were granted shares rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-13; transaction code: A (award/grant).
• Shares granted: 33,546; reported acquisition price: $0.00 (no cash paid).
• Shares owned after transaction: Not stated in the filing.
• Vesting: Per footnote, the restricted shares vest on the earlier of (i) August 13, 2027 or (ii) the day before the issuer's 2027 Annual Meeting of Stockholders.
• Filing timeliness: Report filed on 2026-08-13 for a 2026-08-13 transaction (timely).

Context

• This was a restricted stock grant under the Issuer's Amended and Restated 2021 Incentive Plan. Restricted grants typically vest over time (or on a specified date) and are not an immediate sale or purchase in the open market. The filing does not disclose the market value of the grant or Benstock’s total post-grant holdings.