Form 4: Escalade Inc. Director Katherine F. Franklin Reports Stock Transactions
SEC Form 4
Director Katherine F. Franklin reports the acquisition of common stock through the conversion of Restricted Stock Units (RSUs) and the grant of additional RSUs.
Summary
- On May 8, 2025, Katherine F. Franklin, a director of Escalade Inc., acquired 2,150 shares of common stock through the conversion of Restricted Stock Units (RSUs) at a price of $0.
- Following this transaction, Franklin directly owns 27,929.783 shares of Escalade Inc.
- On May 7, 2025, Franklin was granted 4,500 RSUs, which will vest in two equal installments on May 7, 2026, and May 7, 2027, contingent upon her continued service as a director.
- An additional 2,150 RSUs will vest on May 8, 2026.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The reporting person will continue to receive shares as RSUs vest, provided they remain a director of Escalade.
Industry Context
This is a standard disclosure of stock transactions by a company insider, which is common and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning her interests with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Reporting person was granted 4,500 RSUs |
| 05/07/2026 | One half of the 4,500 RSUs granted on May 7, 2025 will vest |
| 05/07/2027 | One half of the 4,500 RSUs granted on May 7, 2025 will vest |
| 05/08/2025 | 2,150 RSUs converted into common stock |
| 05/08/2026 | Remaining 2,150 RSUs will vest |
Keywords
Escalade Inc, Director, Katherine F. Franklin, Form 4, RSU, Restricted Stock Units, Beneficial Ownership, Stock Transaction
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