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 Escalade Inc. common stock.
Summary
- On May 10, 2025, Katherine F. Franklin, a director of Escalade Inc., had 2,650 Restricted Stock Units (RSUs) vest and convert into common stock.
- These RSUs were granted on May 10, 2023, as part of the Escalade 2017 Incentive Plan.
- The vested RSUs settled on May 12, 2025, resulting in Franklin directly owning 30,579.783 shares of Escalade Inc. common stock.
- Each RSU represents the right to receive one share of Escalade common stock upon vesting.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/10/2023 | Reporting person was granted 5,300 RSUs pursuant to the Escalade 2017 Plan |
| 05/10/2025 | 2,650 RSUs vested and converted into common stock |
| 05/12/2025 | Settlement date of the vested RSUs |
Keywords
Escalade Inc., Katherine F. Franklin, Restricted Stock Units, RSUs, Common Stock, Beneficial Ownership, Form 4, Director, Incentive Plan, Vesting
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