Company: CRWS
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001437749-25-021381
Chunk: 38

Company: CROWN CRAFTS INC
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 38
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2025 Form 10-K.

Equity Grant Practices

The Company does not have a written policy but has established a practice, as described below, with respect to the granting of equity awards. The Company’s practice regarding the granting of equity awards is intended to ensure compliance with applicable securities laws and to maintain the integrity of our executive and director compensation programs.

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Annual equity grants for directors have traditionally occurred in connection with our annual meeting of stockholders, which is usually held in August of each year.

The Compensation Committee does not take material nonpublic information into account when determining the timing and terms of equity awards, and the Company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.

The Company does not currently grant, and did not grant in fiscal year 2025, stock options, stock appreciation rights or similar instruments with option-like features as part of our executive or director compensation programs.

Compensation Committee Report

The Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis contained in this Proxy Statement with the Company’s management and, based on such review and discussions, has recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement.

| Submitted by the        
 Compensation Committee: 
 Zenon S. Nie (Chair)    
 Michael Benstock        
 Patricia Stensrud       |

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Compensation Tables

Summary Compensation Table

The following table sets forth all compensation paid or accrued during fiscal year 2025 and the fiscal year 2024 to the named executive officers.

| Name and                                   
 Principal Position                         | Fiscal 
   Year |     | Salary |          |     | Stock  
 Awards |         |    |     | Option 
 Awards |       |    |     | Non-Equity Incentive Compensation |         |     | All Other Compensation |        |    |     | Total |         |
|:-------------------------------------------|-------:|:----|:-------|---------:|:----|:-------|--------:|---:|:----|:-------|------:|---:|:----|:----------------------------------|--------:|:----|:-----------------------|-------:|---:|:----|:------|--------:|
| Olivia W. Elliottq                         |   2025 |     |        | $400,000 |     | $      | 477,500 | -1 |     | $      |     0 |    |     | $                                 |       0