Form 4: Escalade Inc. Director Katherine F. Franklin Reports Stock Transaction
SEC Form 4 Filing
Director Katherine F. Franklin reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock of Escalade Inc.
Summary
- On March 2, 2024, Katherine F. Franklin, a director of Escalade Inc., converted 2,500 Restricted Stock Units (RSUs) into common stock.
- These RSUs vested on March 2, 2024, and settled on March 4, 2024.
- The conversion occurred under the Escalade, Incorporated 2017 Incentive Plan.
- Following the transaction, Franklin directly owns 23,129.783 shares of Escalade Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Reporting person was granted 5,000 RSUs pursuant to the Escalade 2017 Plan. |
| 03/02/2024 | Date of RSU conversion to common stock. |
| 03/04/2024 | Settlement date of the vested RSUs. |
| 03/05/2024 | Date of Form 4 filing. |
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