Insteel (IIIN) SVP James R. York Receives 1,210 Shares; 344 Withheld

What Happened

• James R. York, Senior Vice President of Insteel Industries (IIIN), had 1,210 restricted stock units (RSUs) vest on August 14, 2026. The RSUs converted one-for-one into 1,210 common shares. To cover tax withholding, 344 of those shares were surrendered at $32.62 per share, totaling $11,221. Net newly issued shares to York were 866 (1,210 vested − 344 withheld).
• This was not an open-market buy or sale but a routine vesting of company awards (often neutral in sentiment).

Key Details

• Transaction date: August 14, 2026 (vesting date).
• Filing date / timeliness: Form 4 filed August 18, 2026 — within the required reporting window.
• Specific entries reported:
  • M (exercise/conversion of derivative): 1,210 RSUs converted into 1,210 common shares.
  • F (tax withholding): 344 shares withheld and transferred at $32.62/share, value $11,221.
  • A related M entry reflects disposition of the derivative awards upon conversion (no cash sale).
• Shares owned after transaction: Not reported in the provided filing.
• Relevant footnotes:
  • F1/F4: These transactions represent RSUs that vested on August 14, 2026.
  • F2: RSUs convert into common stock on a one-for-one basis.
  • F3: The 344 shares were withheld to satisfy tax withholding obligations.

Context

• This is a standard equity-compensation event (RSU vesting) and should be viewed as routine administration rather than a directional buy or sell signal. The filing shows conversion of derivative awards into shares and withholding of a portion of the shares for taxes (a common, non-market transaction).