Director Sandra Kay Scott filed a Form 4 with the SEC on November 3, 2026, reporting the acquisition of 238 shares of restricted common stock in Friedman Industries Inc on November 1, 2026.

Key Highlights

  • Reporting person: Sandra Kay Scott, director of Friedman Industries Inc (NASDAQ:FRD)
  • Transaction date: November 1, 2026
  • Shares acquired: 238 shares of restricted common stock, at a price of $0
  • Vesting schedule: Shares vest 100% on November 1, 2027, subject to continued service as a board member
  • Beneficial ownership following transaction: 10,807 shares held directly

Sandra Kay Scott's Restricted Stock Award at Friedman Industries

According to the filing, Sandra Kay Scott, listed as a director of Friedman Industries Inc (NASDAQ:FRD), acquired 238 shares of restricted common stock on November 1, 2026, under transaction code "A" (acquired). The filing reports the acquisition price as $0, consistent with a director equity award rather than an open-market purchase.

The filing's footnote discloses that the shares "represent shares of restricted Common Stock which will vest 100% on November 1, 2027, subject to continued service as a member of the Board of Directors of the issuer." Following this transaction, Scott's direct beneficial ownership in Friedman Industries common stock stands at 10,807 shares, according to the filing. No derivative securities were reported in Table II of the form.

What Was Disclosed

The Form 4 filed November 3, 2026 discloses a single acquisition by director Sandra Kay Scott of 238 restricted shares of Friedman Industries common stock on November 1, 2026, bringing her total direct holdings to 10,807 shares.