Form 4: Insteel Industries Executive Richard Wagner Reports Stock Transactions
SEC Filing
Senior Vice President and COO of Insteel Industries, Richard Wagner, reports the acquisition and disposal of company stock.
Summary
- Richard Wagner, Senior Vice President and COO of Insteel Industries, filed a Form 4 detailing changes in beneficial ownership.
- On December 19, 2024, Wagner acquired 21 shares of Insteel Industries (IIIN) common stock at a price of $28.57 per share.
- On January 21, 2025, Wagner disposed of 13 shares of common stock at a price of $28.04 per share.
- Following these transactions, Wagner beneficially owns 42,166 shares of Insteel Industries common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Richard Wagner acquired 21 shares of Insteel Industries common stock at $28.57 per share. |
| 01/21/2025 | Richard Wagner disposed of 13 shares of Insteel Industries common stock at $28.04 per share. |
| 01/23/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Insteel Industries, IIIN, Richard Wagner, Executive Compensation
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