Form 4: Crown Crafts CEO Olivia W. Elliott Reports Stock Grant and Disposal
SEC Form 4 Filing
Olivia W. Elliott, President and CEO of Crown Crafts Inc, reports acquisition of restricted stock and disposal of common stock on March 26, 2025.
Summary
- Olivia W. Elliott, the President and CEO of Crown Crafts Inc, filed a Form 4 detailing changes in beneficial ownership.
- On March 26, 2025, Elliott acquired 125,000 shares of common stock through a grant.
- The grant was of restricted stock under the Issuer's 2021 Incentive Plan, vesting on March 26, 2028.
- On the same day, Elliott disposed of 297,762 shares of common stock.
- Following these transactions, Elliott directly owns 297,762 shares of common stock.
- Elliott also indirectly owns 1,000 shares of common stock through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key company personnel.
Stakeholder Impact
- The stock transactions of a key executive like the CEO can influence investor sentiment, although this specific filing appears to be related to compensation and portfolio management.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of stock grant and disposal. |
| 03/26/2028 | Vesting date of the restricted stock. |
| 03/28/2025 | Date of signature on the Form 4. |
Keywords
Form 4, Beneficial Ownership, Crown Crafts Inc, CRWS, Olivia W. Elliott, Stock Grant, Restricted Stock, Stock Disposal, Incentive Plan
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