Form 4: Escalade CFO Stephen Wawrin Reports Stock Transactions
SEC Form 4 Filing
Stephen Wawrin, CFO of Escalade Inc., reports the vesting and conversion of restricted stock units into common stock.
Summary
- On April 3, 2025, Stephen Wawrin, the CFO of Escalade Inc., reported transactions involving Escalade's common stock.
- Wawrin converted 2,400 restricted stock units (RSUs) into 2,400 shares of common stock.
- Following the transaction, Wawrin directly owns 45,177 shares of Escalade common stock and 4,800 RSUs.
- The RSUs were granted on April 3, 2024, under the Escalade 2017 Incentive Plan.
- The remaining 4,800 RSUs will vest in two equal installments on April 3, 2026, and April 3, 2027, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.
Future Outlook
The remaining RSUs will vest in two tranches in April 2026 and April 2027, contingent on continued employment.
Industry Context
This filing is a routine disclosure of insider transactions, common for publicly traded companies. It provides transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Grant date of 7,200 RSUs to Stephen Wawrin |
| 04/03/2025 | 2,400 RSUs vested and converted to common stock |
| 04/03/2026 | Vesting date for half of the remaining 4,800 RSUs |
| 04/03/2027 | Vesting date for the remaining half of the 4,800 RSUs |
| 04/04/2025 | Date of signature on the Form 4 filing |
Keywords
Escalade, Stephen Wawrin, CFO, ESCA, Restricted Stock Units, RSU, Common Stock, Beneficial Ownership, Form 4, SEC
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