Southern Elizabeth Carroll 4

What Happened Southern Elizabeth Carroll, Vice President, Secretary and Chief Legal Officer of Insteel Industries (IIIN), received two restricted stock unit (RSU) awards on February 10, 2026. The awards were for 1,014 RSUs and 2,475 RSUs (total 3,489 RSUs). Each award was reported at $0.00 as the acquisition price (award/derivative transaction), meaning no cash changed hands at grant — these are compensatory awards rather than an open‑market purchase.

Key Details

• Transaction date: February 10, 2026 (filed with the SEC on February 12, 2026).
• Awards: 1,014 RSUs and 2,475 RSUs; total = 3,489 RSUs; reported acquisition price $0.00; transaction code A (award/grant).
• Vesting: Footnote indicates RSUs vest on February 10, 2029.
• Conversion: Footnote states each RSU converts one‑for‑one into common stock upon vesting.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Reported on Feb 12 for Feb 10 transactions — appears timely under the usual 2‑business‑day reporting rule.
• Other footnote (F3) describes a common option vesting schedule but is not applicable to these RSU awards.

Context RSUs are a form of compensation that convert to common shares if and when they vest; they are not immediate purchases or sales of stock. Because these RSUs vest three years from grant (2/10/2029), they do not increase Carroll’s voting power or tradable shares until conversion and are subject to any forfeiture or company vesting conditions and tax at vesting. Awards like this generally reflect company compensation practices rather than a direct insider market view.