ESCALADE INC — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESCALADE INC (ESCA)
CIK: 0000033488
Period of Report: 2025-03-02

Reporting Person: Wawrin Stephen (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-02	Common Stock	M	2500	—	Acquired	40000	Direct
2025-03-03	Common Stock	M	2777	—	Acquired	42777	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-02	Restricted Stock Units	$	M	2500	Disposed	2025-03-02	Common Stock (2500)	Direct
2025-03-03	Restricted Stock Units	$	M	2777	Disposed	2026-03-03	Common Stock (2777)	Direct

Footnotes

F1: Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.

F2: Each RSU represents a right to receive one share of Escalade common stock pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).

F3: On March 2, 2022, the reporting person was granted 7,500 RSUs pursuant to the Escalade 2017 Plan, of which 2,500 vested on March 2, 2023 and 2,500 vested on March 2, 2024, as previously reported. An additional 2,500 RSUs vested on March 2, 2025 and settled on March 3, 2024, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.

F4: On March 3, 2023, the reporting person was granted 8,331 RSUs pursuant to the Escalade 2017 Plan, of which 2,777 RSUs vested on March 3, 2024, as previously reported. An additional 2,777 RSUs vested and settled on March 3, 2025, a reported on this Form 4. The remaining 2,777 RSUs will vest on March 3, 2026, provided that the reporting person remains an officer of Escalade. All RSUs settle in shares of ESCA common stock.