RF Industries (RFIL) Director Gerald T. Garland Receives Award

What Happened

• Gerald T. Garland, a director of R F INDUSTRIES LTD (ticker: RFIL), received a grant of 7,850 restricted shares on 2026-09-10. The shares were issued at $0.00 (no cash consideration), so the filing reports $0 total cash value. This is an equity award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-10; Form 4 filed with the SEC on 2026-09-14 (4 days later).
• Transaction type/code: Award/Grant (A).
• Shares granted: 7,850; price per share reported: $0.00.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: The restricted stock vests on the earlier of (i) one year from the grant date, or (ii) the issuer’s next annual meeting of stockholders.
• No 10b5-1 plan, tax-withholding sale, or sale reported in this filing.

Context

• Restricted stock grants are a common form of executive/director compensation and are primarily meant for retention and alignment with shareholders; they do not necessarily signal a personal purchase or sale decision by the insider.
• Because the award was granted at $0.00, its immediate cash cost to the director is nil; any future value depends on the company’s share price when/if the shares vest and are sold.