Spencer Claire K. 4

What Happened

• Claire K. Spencer, Vice President and Chief Financial Officer of Crown Crafts (CRWS), received a grant of 10,000 restricted shares on March 24, 2026. The reported acquisition price is $0.00 (code A - award/grant). The award is restricted stock granted under the issuer's 2021 Incentive Plan and vests on March 24, 2029.
• This transaction is an award of compensation (not an open-market purchase or sale) and represents restricted equity tied to future vesting rather than immediate free trading shares.

Key Details

• Transaction date: March 24, 2026; Form 4 filed: March 26, 2026 (timely, two days after the transaction).
• Shares granted: 10,000 restricted common shares; reported price per share: $0.00.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: Restricted stock granted pursuant to the Issuer's 2021 Incentive Plan, vesting March 24, 2029.
• Transaction code: A = Award/Grant. No tax withholding, sale, or 10b5-1 plan noted.

Context

• Restricted stock awards are a common part of executive compensation intended to incentivize and retain executives over the vesting period; they are not immediate cash investments or market trades by the insider.
• Because the shares are subject to vesting, this grant does not reflect an immediate change in tradable share balance and should be interpreted as compensation rather than a direct market signal.