Franklin Katherine F. 4

What Happened

• Katherine F. Franklin, a director of Escalade, was granted 5,000 restricted stock units (RSUs) on May 6, 2026. Separately, 4,400 RSUs vested and were converted into common stock via derivative conversion on May 7–8, 2026 (2,250 on May 7 and 2,150 on May 8).
• The grant is reported at $0.00 per share (standard for RSU awards). The conversions/dispositions are reported with $0.00 proceeds; the filing does not state cash received. These transactions are awards/vestings and conversions—not open-market purchases or sales.

Key Details

• Transaction dates: Grant (A) — May 6, 2026 (5,000 RSUs); Conversions (M) — May 7, 2026 (2,250 shares) and May 8, 2026 (2,150 shares).
• Prices/values: All items reported at $0.00 per share (typical for RSU awards/settlements); no cash proceeds shown.
• Shares after transaction: The filing excerpt does not state total shares beneficially owned after these events.
• Relevant footnotes: F1/F4 explain RSUs convert one-for-one into common stock under the 2017 Incentive Plan; F5–F7 detail vesting schedules for the grants. F2/F3 note Ms. Franklin disclaims beneficial ownership of shares held in revocable trusts of her parents (except to her pecuniary interest).
• Timeliness: Filing dated May 8, 2026 for events May 6–8, 2026; appears timely (no late filing noted).

Context

• These were RSU grants and scheduled vestings (derivative conversions), not open-market trades. Dispositions reported at $0.00 often reflect share settlement mechanics (e.g., shares withheld for taxes or internal settlement), but the filing does not specify the reason.
• Awards and vesting are common director compensation and do not by themselves indicate a buy/sell signal. Purchases are typically more informative about insider sentiment.