Form 4: Insteel Industries Executive Woltz H O III Reports Stock Transactions

Chairman, President, and CEO of Insteel Industries, Woltz H O III, reports the vesting of restricted stock units and related stock transactions.

Summary

• On February 15, 2025, Woltz H O III, Chairman, President, and CEO of Insteel Industries, reported transactions involving Insteel Industries common stock.
• The transactions included the vesting of 3,892 Restricted Stock Units (RSUs), which converted into common stock on a one-for-one basis.
• 1,025 shares were withheld for taxes in connection with the RSU vesting at a price of $31.18 per share.
• Following these transactions, Woltz H O III directly owns 499,413 shares of common stock.
• He also indirectly owns 113,328 shares as co-trustee of trusts created by the Estate of Howard O. Woltz, Jr., and 57,282 shares as co-trustee of the Woltz Foundation.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at Insteel Industries.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Insteel Industries, Woltz H O III, Restricted Stock Units, Common Stock, Beneficial Ownership, Form 4, IIIN