Glazer Walter P. Jr. 4

What Happened

• Walter P. Glazer Jr., a director of Escalade, had 2,782 restricted stock units (RSUs vest) convert into 2,782 shares of Escalade common stock on March 11, 2026. The Form 4 shows a conversion/acquisition of 2,782 shares and a simultaneous disposition of 2,782 shares at $0.00 — the disposition was to a trust for the benefit of the reporting person’s son (per footnote F2). No cash changed hands in the reported disposition.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 12, 2026 (timely).
• Transaction type: RSU vesting/conversion (derivative code M); RSUs convert one-for-one into common stock (footnotes F1, F3, F4).
• Shares acquired: 2,782 shares upon vesting; shares disposed: 2,782 shares at $0.00 (transferred to family trust — footnote F2).
• Grant/vesting context: On March 11, 2025 Glazer was granted 8,346 RSUs; 2,782 vested on March 11, 2026, with equal remaining tranches to vest on March 11, 2027 and March 11, 2028 if he remains an employee/director/consultant (footnote F5).
• Shares owned after transaction: Not disclosed in the excerpt of the filing.

Context

• These entries reflect routine RSU vesting and conversion into common stock, not an open-market purchase or sale for cash. The simultaneous $0.00 disposition indicates a transfer to a related trust (family benefit) rather than a market sale; such transfers are typically for estate/planning or family benefit and do not necessarily signal buying or selling intent in the market.
• For retail investors, purchases are often more informative about insider sentiment; this filing documents compensation vesting and an intra-family transfer.