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Insteel Industries, Inc. (IIIN)

32.39 -0.27 (-0.83%)
At close: May 20 at 4:00 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Howard Osler Woltz III President, CEO & Chairman 1.45M -- 1956
Mr. Scot R. Jafroodi VP, CFO & Treasurer 471.59k -- 1970
Mr. Richard T. Wagner Senior VP & COO 620.33k 120.25k 1959
Mr. James R. York Senior Vice President of Sourcing & Logistics 448.58k -- 1959
Ms. Elizabeth Carroll Southern VP of Administration, Secretary & Chief Legal Officer -- -- 1981

Insteel Industries, Inc.

1373 Boggs Drive
Mount Airy, NC 27030
United States
336 786 2141 https://www.insteel.com
Sector: 
Industrials
Industry: 
Metal Fabrication
Full Time Employees: 
884

Description

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Corporate Governance

Insteel Industries, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 7. The pillar scores are Audit: 9; Board: 8; Shareholder Rights: 7; Compensation: 5.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

July 18, 2024 at 10:30 AM UTC - July 22, 2024 at 10:30 AM UTC

Insteel Industries, Inc. Earnings Date

Recent Events

April 25, 2024 at 2:00 PM UTC

Q2 2024 Earnings Call

April 25, 2024 at 12:00 AM UTC

10-Q: Periodic Financial Reports

March 29, 2024 at 12:00 AM UTC

Dividend Date

March 14, 2024 at 12:00 AM UTC

Ex-Dividend Date

February 14, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

February 13, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

January 19, 2024 at 12:00 AM UTC

SC 13G/A: Tender Offer/Acquisition Reports

January 18, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

January 3, 2024 at 12:00 AM UTC

DEF 14A: Proxy Statements

November 14, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

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