Director Joe L. Williams filed a Form 4 with the SEC on November 3, 2026, disclosing the acquisition of 238 restricted shares of Friedman Industries common stock on November 1, 2026.

Key Highlights

  • Reporting person: Joe L. Williams, a Director of Friedman Industries Inc (NASDAQ:FRD)
  • Transaction date: November 1, 2026
  • Shares acquired: 238 shares of Common Stock, at a price of $0
  • Transaction code: A (acquisition)
  • Vesting schedule: Shares vest 100% on November 1, 2027, subject to continued service as a Board member
  • Beneficial ownership following transaction: 32,940 shares held directly

Williams Acquires Restricted Stock Grant as Friedman Industries Director

According to the filing, Joe L. Williams, identified as a Director of Friedman Industries Inc, acquired 238 shares of restricted Common Stock on November 1, 2026. The shares were received at a price of $0, consistent with a stock award rather than a market purchase. The filing notes that the shares "will vest 100% on November 1, 2027, subject to continued service as a member of the Board of Directors of the issuer."

Following the reported transaction, Williams directly holds 32,940 shares of Friedman Industries common stock, according to the filing. No derivative securities transactions were reported in Table II of the Form 4. The filing was signed by Joe L. Williams and submitted on November 3, 2026. Williams's address is listed as 4550 Post Oak Place, Suite 227, Houston, Texas 77027.

The filing was made pursuant to Section 16(a) of the Securities Exchange Act of 1934 and was filed by one reporting person. No amendment date was indicated, suggesting this is an original filing rather than a correction to a prior submission.

What Was Disclosed

Director Joe L. Williams reported the acquisition of 238 restricted shares of Friedman Industries Common Stock on November 1, 2026, at $0, with full vesting set for November 1, 2027. His total direct beneficial ownership following the transaction stands at 32,940 shares.