WARDEN WILLIAM C JR 4

What Happened

• William C. Warden Jr., a director of Bassett Furniture Industries, received a grant of 2,857 restricted shares on 2026-03-11. The award is reported at $14.00 per share, for a total value of $39,998 (price = close of business 03/11/2026). Transaction code: A (award/grant).

Key Details

• Transaction date: 2026-03-11; filing date: 2026-03-13 (filed timely).
• Price used: $14.00 per share (closing price on 03/11/2026); total reported value: $39,998.
• Vesting/forfeiture: Restricted stock vests in one year and remains subject to risk of forfeiture until vested (2021 Stock Incentive Plan, Rule 16b-3).
• Trust/disclaimer: The shares are held in a trust established by the reporting person's spouse for the benefit of their children; Warden is trustee and disclaims beneficial ownership of these securities (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This was a restricted stock grant (award), not an open-market purchase or sale. Such awards are routine compensation under equity plans and are subject to vesting and transfer restrictions, so they do not directly signal immediate buying or selling for market timing.