Richard Wagner, Senior Vice President and Chief Operating Officer of Insteel Industries Inc, filed a Form 4 on August 12, 2026, disclosing the acquisition of restricted stock units and stock options granted on August 10, 2026.

Key Highlights

  • Reporting person: Richard Wagner, Senior Vice President and COO of Insteel Industries Inc (NYSE:IIIN)
  • RSU grant: 2,126 restricted stock units acquired on August 10, 2026, at a price of $0, vesting August 10, 2029
  • Option grant: 4,921 options (right to buy) acquired on August 10, 2026, at an exercise price of $32.34 per share
  • Option vesting: Options vest 1/3 annually beginning one year from the grant date, with an expiration date of August 10, 2036
  • RSU conversion: Restricted stock units convert into common stock on a one-for-one basis
  • Beneficial ownership following transactions: 2,126 RSUs and 4,921 options, both held directly

Insteel Industries COO Wagner Acquires RSUs and Stock Options in August 2026 Grant

According to the Form 4 filed with the SEC on August 12, 2026, Richard Wagner, serving as Senior Vice President and Chief Operating Officer of Insteel Industries Inc (NYSE:IIIN), reported the acquisition of two types of derivative securities on August 10, 2026. Both transactions are recorded in Table II of the filing as acquisitions, with a transaction code of "A," and neither involved any cash consideration, as the price of each derivative security is listed as $0.

The filing discloses that Wagner received 2,126 restricted stock units, each convertible into one share of common stock on a one-for-one basis. Per the filing's explanation of responses, these RSUs are scheduled to vest on August 10, 2029. Following this transaction, Wagner beneficially owns 2,126 RSUs directly. Additionally, Wagner received options to purchase 4,921 shares of common stock at an exercise price of $32.34. The filing states that these options vest 1/3 annually beginning one year from the grant date and expire on August 10, 2036. Following the option grant, Wagner directly holds 4,921 options.

The Form 4 was signed by Elizabeth C. Southern as Attorney-in-Fact on August 12, 2026. No transactions were reported in Table I covering non-derivative securities. The filing does not indicate that a Rule 10b5-1(c) trading plan was in effect for these transactions.

What Was Disclosed

The filing reports two derivative security acquisitions by Insteel Industries' COO: 2,126 RSUs vesting in 2029 and 4,921 stock options with a $32.34 exercise price expiring in 2036, both granted on August 10, 2026, at no cost to the reporting person.