Director Max Alan Reichenthal filed a Form 4 with the SEC on November 3, 2026, reporting the acquisition of 238 shares of restricted common stock of Friedman Industries Inc on November 1, 2026.

Key Highlights

  • Reporting person: Max Alan Reichenthal, listed as a Director of Friedman Industries Inc (NASDAQ:FRD).
  • Transaction: Acquisition (Code A) of 238 shares of restricted Common Stock on November 1, 2026, at a price of $0.
  • Vesting schedule: The shares will vest 100% on November 1, 2027, subject to continued service as a member of the Board of Directors, according to the filing.
  • Resulting ownership: Following the transaction, Reichenthal directly holds 34,127 shares of Common Stock beneficially.
  • No derivative securities: No derivative securities were reported in Table II of the filing.

Reichenthal's November 2026 Restricted Stock Award at Friedman Industries

According to the Form 4 filed on November 3, 2026, Max Alan Reichenthal, a Director of Friedman Industries Inc, received 238 shares of restricted Common Stock on November 1, 2026. The filing discloses that the shares were acquired at a price of $0 and are classified as a direct ownership. The transaction code recorded is "A," indicating an acquisition.

The filing notes in its explanation of responses that the 238 shares "represent shares of restricted Common Stock which will vest 100% on November 1, 2027, subject to continued service as a member of the Board of Directors of the issuer." Following this transaction, Reichenthal's total direct beneficial ownership of Common Stock stands at 34,127 shares, as reported in the filing. No indirect ownership or derivative securities were reported.

The Form 4 was filed individually by Reichenthal and signed by him on November 3, 2026. The issuer is identified in the filing as Friedman Industries Inc, with the ticker symbol FRD, traded on NASDAQ.

What Was Disclosed

Director Max Alan Reichenthal reported a grant of 238 restricted shares of Friedman Industries Inc common stock on November 1, 2026, at no cost, vesting fully on November 1, 2027, contingent on continued Board service. His total direct beneficial ownership following the transaction is 34,127 shares.