CROWN CRAFTS (CRWS) CFO awarded 10,000 restricted shares vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spencer Claire K. reported acquisition or exercise transactions in this Form 4 filing.
CROWN CRAFTS INC Vice President and CFO Claire K. Spencer received a grant of 10,000 shares of Common Stock as equity compensation. These shares are restricted stock awarded under the company’s 2021 Incentive Plan and are scheduled to vest on March 24, 2029. Following this grant, Spencer directly holds 25,000 shares of the company’s common stock. This is a compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spencer Claire K.
Role
Vice President and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CROWN CRAFTS INC (CRWS) report for Claire K. Spencer?
CROWN CRAFTS INC reported that Vice President and CFO Claire K. Spencer received a grant of 10,000 shares of restricted Common Stock. The award was made as equity compensation under the company’s 2021 Incentive Plan, rather than through an open-market purchase.
Was the CRWS Form 4 transaction for Claire K. Spencer a market purchase or a compensation grant?
The CRWS Form 4 shows a compensation grant, not a market purchase. The 10,000 shares were awarded at a price of $0.0000 per share as restricted stock under the company’s 2021 Incentive Plan, classified as a grant or award acquisition.
What role does Claire K. Spencer hold at CROWN CRAFTS INC (CRWS) in this Form 4 filing?
In this Form 4 filing, Claire K. Spencer is identified as Vice President and Chief Financial Officer of CROWN CRAFTS INC. The reported 10,000-share restricted stock grant reflects compensation related to her executive role at the company.