Wawrin Stephen 4

What Happened Stephen Wawrin, Chief Financial Officer of Escalade, had 2,777 restricted stock units (RSUs) vest and convert into 2,777 shares of Escalade common stock on March 3, 2026. The Form 4 shows the conversion/exercise (transaction code M) and a corresponding derivative entry reported at $0.00; no cash sale or sale proceeds were reported in this filing.

Key Details

• Transaction date: March 3, 2026. Transaction code: M (exercise/conversion of derivative).
• Shares acquired: 2,777 common shares via conversion of RSUs; a corresponding derivative line is reported at $0.00.
• Price / proceeds: No cash paid or received in this reported conversion (price shown as N/A / $0.00).
• Shares owned after the transaction: Not specified in the portion of the filing provided.
• Footnotes: RSUs convert one-for-one into common stock under the Escalade 2017 Incentive Plan. These were part of an 8,331 RSU award granted March 3, 2023, with tranches of 2,777 RSUs vesting on March 3 of 2024, 2025 and 2026.
• Timeliness: Filing date and transaction date are both March 3, 2026, so the Form 4 was filed same day as the reported vesting.

Context

• Code M indicates an exercise or conversion of a derivative instrument; here it reflects RSUs vesting and settling in shares rather than a cash sale. Because no sale is reported, this is not a disposition that would produce proceeds.
• RSU vesting is a routine compensation event for executives; it does not by itself indicate a change in management’s view of the stock.