Wampler William C Jr 4

What Happened

• William C. Wampler Jr., a director of Bassett Furniture Industries, received a grant of 2,857 restricted shares valued at $14.00 each, totaling $39,998, on March 11, 2026. The transaction is reported as an award/acquisition (code A).

Key Details

• Transaction date and price: 2026-03-11 at $14.00 per share (total $39,998).
• Post-transaction holdings: Not specified in the filing.
• Plan and restrictions: Shares were granted under the 2021 Stock Incentive Plan (a Rule 16b-3 plan); they vest in one year (F1).
• Forfeiture and guidelines: Shares are subject to a risk of forfeiture until vesting and to the company’s stock ownership guidelines (F2).
• Reference price: $14.00 reflects the Bassett Furniture closing price on 03/11/2026 (F3).
• Filing timeliness: Report was filed on 2026-03-13 for a 2026-03-11 transaction (appears timely under Form 4 rules).

Context

• This was a restricted stock award (compensation), not an open-market purchase — the shares are subject to vesting and cannot be sold immediately. Such awards are routine for executive/director compensation and do not by themselves indicate the insider’s intent to buy or sell additional shares.