J. Taylor - Apr 1, 2025 Form 4 Insider Report for FRIEDMAN INDUSTRIES INC (FRD)

Role: President / CEO / Director, Director
Signature: /s/ Michael J. Taylor
Stock symbol: FRD
Transactions as of: Apr 1, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/3/2025, 02:12 PM
Previous filing: Jan 17, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRD	Common Stock	Award	$0	+49.9K	+29.51%	$0.00	219K	Apr 1, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of restricted Common Stock. Half of the shares will vest in equal amounts each year for three years commencing on April 1, 2025. Half of the shares will vest depending on performance criteria related to earnings before tax and amounts of accounts receivable, inventory and property, plant and equipment over a three-year period commencing April 1, 2025. Vesting for all shares is subject to continued employment with the issuer.

Content

Represents shares of restricted Common Stock. Half of the shares will vest in equal amounts each year for three years commencing on April 1, 2025. Half of the shares will vest depending on performance criteria related to earnings before tax and amounts of accounts receivable, inventory and property, plant and equipment over a three-year period commencing April 1, 2025. Vesting for all shares is subject to continued employment with the issuer.