Crown Crafts (CRWS) Director Duarte Ixchell Receives Restricted Stock Award

What Happened Duarte Ixchell, a director of Crown Crafts, Inc. (CRWS), was granted 33,546 restricted shares on August 13, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant), so the filing shows $0 total value at issuance; this reflects an equity award rather than a cash purchase.

Key Details

• Transaction date: 2026-08-13; Form 4 filed: 2026-08-17.
• Transaction type/code: Award/Grant (A).
• Shares granted: 33,546; price per share listed: $0.00; total reported cash value at issuance: $0.
• Vesting: Grants vest on the earlier of (i) August 13, 2027 or (ii) the date immediately preceding the issuer's 2027 Annual Meeting of Stockholders (per footnote).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: Filed Aug 17, 2026 for an Aug 13 transaction — appears to be a timely Form 4 filing.

Context Restricted stock grants to directors are a common form of compensation to align their interests with shareholders. This award does not represent a market purchase or sale, and vesting occurs over time, so it does not immediately change market exposure.