Wawrin Stephen 4

What Happened
Stephen Wawrin, Chief Financial Officer of Escalade Inc. (ESCA), had 2,400 restricted stock units (RSUs vest) convert into 2,400 shares of common stock on April 3, 2026. The conversion is reported as an exercise/conversion of a derivative (code M); the shares were recorded as acquired at N/A (conversion) and 2,400 shares were immediately disposed/withheld at $0 to satisfy tax withholding, resulting in no net increase in his share holdings from this event.

Key Details

• Transaction date: April 3, 2026; Form 4 filed April 7, 2026 (filed within the reporting window).
• Reported entries: 2,400 shares acquired via conversion (price N/A), and 2,400 shares disposed/withheld (reported at $0).
• Net effect: 0 net shares retained from this vesting event (2,400 converted, 2,400 withheld for taxes).
• Footnotes: These were RSUs granted under the Escalade 2017 Incentive Plan. Wawrin was granted 7,200 RSUs on April 3, 2024; 2,400 vested/settled on April 3, 2025, 2,400 vested/settled on April 3, 2026 (this event), and the remaining 2,400 RSUs are scheduled to vest April 3, 2027, subject to continued service.
• Filing/timeliness: Reported on Apr 7 for the Apr 3 transaction — within the standard two-business-day filing requirement.

Context
This was a scheduled RSU vesting and settlement, not an open-market buy or sale. The immediate disposition/withholding of shares to cover taxes is a routine administrative step and does not by itself indicate insider buying or selling sentiment.