Battle Emma S. 4

What Happened Emma S. Battle, a director of Bassett Furniture Industries, was granted 2,857 restricted shares (transaction code A) on 2026-03-11. The Form 4 lists a per-share value of $14.00 (closing price) for a total reported value of $39,998. This was an award/grant of restricted stock rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely).
• Reported price/value: $14.00 per share (closing price used in filing); total ~$39,998.
• Shares acquired: 2,857 restricted shares (award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnotes: grant is restricted stock under the 2021 Stock Incentive Plan (Rule 16b-3) and vests in one year; shares are subject to forfeiture until vesting and to company stock ownership guidelines; $14.00 reflects the close of business on 03/11/2026.

Context This is a compensation-related restricted stock award (vesting in one year) rather than an open-market buy or sale. Restricted grants are common for director compensation and retention; because the shares are subject to forfeiture until they vest, they are not immediately liquid. The filing does not state post-transaction holdings, and no late-filing flag is indicated.