Wawrin Stephen 4

What Happened
Wawrin Stephen, Chief Financial Officer of Escalade, was granted 9,822 restricted stock units (RSUs) on March 5, 2026. The grant is reported as a derivative award at $0.00 per share (an equity award rather than a purchase), so there was no cash exchanged at grant. The RSUs convert to common shares upon vesting.

Key Details

• Transaction type: Award/Grant (Form 4 code A); reported March 9, 2026 for a transaction dated March 5, 2026.
• Grant size and price: 9,822 RSUs @ $0.00 (no immediate cash value).
• Vesting schedule: One-third vests on March 5 of 2027, 2028 and 2029, subject to continued service. (Footnote clarifies delivery upon vesting unless receipt is deferred.)
• Shares owned after transaction: Not disclosed in the provided filing.
• Timeliness: Filing date (Mar 9) appears to be within the standard two-business-day window after the Mar 5 transaction.

Context
RSU grants are common compensation for executives and are a form of deferred equity—they do not represent immediate stock sales or purchases. Because these RSUs vest over three years, the award signals future potential share issuance to the CFO if he remains employed, but it does not by itself indicate buying or selling sentiment.