Crown Crafts (CRWS) Director Zenon Nie Receives Award, Gifts Shares

What Happened

• Zenon S. Nie, a director of Crown Crafts, received a restricted stock award of 33,546 shares on 2026-08-13 (grant reported at $0.00 per share). On the same date he reported gifting 34,944 shares to his spouse (reported as a disposition of 34,944 shares at $0.00) and a corresponding acquisition entry reflecting the gift recipient. No cash was paid or received in these transactions.

Key Details

• Transaction date: August 13, 2026.
• Award: 33,546 restricted shares (code A) at $0.00; Gift: 34,944 shares (code G) at $0.00.
• Vesting (footnote F1): Restricted shares vest on the earlier of (i) August 13, 2027 or (ii) the day before the issuer’s 2027 annual meeting of stockholders.
• Gift details (footnote F2): The gift was to the reporting person’s spouse, who shares the reporting person’s household.
• Shares owned after the transactions: not specified in the provided filing.
• Filing timeliness: Reported on 2026-08-13 (same date as the transactions), indicating a timely Form 4 filing.

Context

• The restricted stock grant is a compensation award subject to vesting and does not reflect an open-market purchase. Gifts are personal transfers and generally do not signal the insider’s view of the company’s prospects. These entries show internal compensation and a household transfer rather than a market buy or sell.