Form 4: Insteel Industries SVP James R. York Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President James R. York of Insteel Industries reported the vesting of restricted stock units and subsequent tax withholding on February 15, 2025.
Summary
- On February 15, 2025, James R. York, Senior Vice President of Insteel Industries, reported the vesting of 973 Restricted Stock Units (RSUs).
- These RSUs converted into common stock on a one-for-one basis.
- Following the vesting, 330 shares were withheld for taxes at a price of $31.18 per share.
- After these transactions, York directly owns 6,329 shares of Insteel Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership of shares.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of the reported transactions: vesting of Restricted Stock Units and tax withholding. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Insteel Industries, James R. York, Restricted Stock Units, IIIN, Form 4, Vesting, Stock Transaction, Insider Trading
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