4/A: Crown Crafts Inc. Director Corrects Stock Transaction Reporting in Amended SEC Filing
SEC Filing Amendment
Patricia Stensrud, a director at Crown Crafts Inc., filed an amended SEC Form 4/A to correct the number of shares acquired and beneficially owned following a transaction initially reported on August 16, 2024.
Summary
- Patricia Stensrud, a director of Crown Crafts Inc. [CRWS], filed an amendment to a previous Form 4 filing with the SEC.
- The amendment, filed on August 21, 2024, corrects the number of shares acquired in a transaction reported on August 16, 2024.
- The original filing incorrectly stated that 15,221 shares were acquired, while the corrected amount is 20,294 shares.
- Consequently, the number of shares beneficially owned following the reported transaction was also corrected from 114,822 to 119,895.
- The transaction involved a restricted stock grant pursuant to the Issuer's 2021 Incentive Plan, vesting on the earlier of August 15, 2025, or the date immediately preceding the date of the Issuer's 2025 Annual Meeting of Stockholders.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It does not necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the stock transaction (restricted stock grant). |
| 08/16/2024 | Date of the original Form 4 filing with incorrect information. |
| 08/21/2024 | Date of the amended Form 4/A filing to correct the stock transaction information. |
| 08/15/2025 | First possible vesting date for the restricted stock grant. |
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