Doyle Blake 4

What Happened

• Blake Doyle, a director of Insteel Industries, received a grant of 2,297 restricted stock units (RSUs) on Feb 10, 2026 (award code A). According to the filing, 2,703 RSUs converted into common stock on Feb 11, 2026 (conversion/exercise code M) and those 2,703 shares were then disposed (reported as $0), consistent with share withholding to satisfy tax obligations.
• The filing shows no cash purchase or open-market sale — this was an award/vesting event and an immediate conversion/withholding rather than an investment or sale for proceeds.

Key Details

• Transaction dates: RSU grant (A) on 2026-02-10; RSU vesting/conversion and simultaneous disposition (M, then disposition) on 2026-02-11.
• Prices/values reported: Grant at $0.00 (typical for RSUs); conversion/disposition reported at $0.00 (disposition likely represents tax withholding rather than a market sale). No cash proceeds reported.
• Shares owned after the transactions: Not specified in the data you provided / not included in the summary details here.
• Footnotes from the filing:
  • F1: Represents the vesting of Restricted Stock Units.
  • F2: RSUs convert into common stock on a one-for-one basis.
  • F3: A separate RSU tranche will vest on Feb 10, 2027.
  • F4: The RSUs vested on Feb 11, 2026.
• Filing timeliness: Form 4 was filed on 2026-02-12 for transactions on 2026-02-10/11 — the filing appears timely under Form 4 reporting rules.

Context

• These entries reflect an equity award vesting and conversion event, not an open-market buy or sell. Disposition of shares at $0 in this context typically indicates shares were withheld to cover taxes (a common, routine administrative action) rather than an economic sale that would indicate sentiment about the stock.
• Transaction codes: A = award/grant (RSUs), M = exercise/conversion of a derivative (here, RSU-to-share conversion).