WALTERS MARGARET A 4

What Happened Margaret A. Walters, a director of Ennis, Inc. (EBF), was granted 2,661 restricted shares on 2026-07-16 (transaction code A). The Form 4 reports the acquisition price as $0.00 (typical for restricted stock grants); no cash sale or open-market purchase occurred. The grant is compensation rather than a market purchase.

Key Details

• Transaction date: 2026-07-16; Filing date: 2026-07-17 (timely).
• Shares granted: 2,661; reported acquisition price: $0.00.
• Vesting: 1/3 of the shares vest annually beginning on the first anniversary of the grant (Footnote F1).
• Shares owned after transaction: not specified on the filing.
• Ownership note: shares are owned as community property with spouse Keith S. Walters (Chairman, CEO & President) (Footnote F2).
• Transaction type: Award/Grant (code A). No tax-withholding or 10b5-1 plan noted.

Context Restricted stock grants are standard director/executive compensation and vest over time; they are not direct open-market purchases and should not be read as an immediate bullish or bearish trade. Because these shares are community property with the company's CEO, combined family holdings may be material for assessing overall insider ownership.