CASHMAN KRISTINA K 4

What Happened

• Kristina K. Cashman, a director of Bassett Furniture Industries, received an award of 2,857 restricted shares (Form 4 code A) on 2026-03-11. The award was valued at $14.00 per share, for a total reported value of $39,998. This is a grant/award of stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; filing date: 2026-03-13 (appears timely under Form 4 rules).
• Award size and price: 2,857 shares at $14.00/share; total value $39,998 (price is the closing share price on 03/11/2026).
• Vesting and restrictions: The shares are restricted stock under the 2021 Stock Incentive Plan and vest in one year; they are subject to a risk of forfeiture and the company's stock ownership guidelines (per footnotes).
• Shares owned after transaction: Not provided in the summary data supplied.

Context

• This was a compensation grant (restricted stock) — common for directors and typically tied to retention or ownership guidelines. Because the shares are restricted and subject to forfeiture until vesting, this is not an immediate liquidity event. There is no indication here of a sale or open-market purchase.