FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Griffin Patrick J

(Last) (First) (Middle)
817 MAXWELL AVENUE

(Street)
EVANSVILLE IN 47711

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ESCALADE INC [ ESCA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
INTERIM PRESIDENT & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026   A   11,263 A $ 14.4 (1) 574,665.229 D  
Common Stock 03/03/2026   M   1,850 A (2) 576,515.229 D  
Common Stock               3,289 I By adult son (3)
Common Stock               1,289 I by UTMA custodian for adult daughter (4)
Common Stock               614,964.629 I By Irevocable Trust (5)
Common Stock               1,326,736 I By Family Limited Partnership (6)
Common Stock               300,000 I By Revocable Trust (7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) (8) 03/03/2026   M     1,850   (9) 03/03/2026 Common Stock 1,850 $ 0 0 D  
Explanation of Responses:
1. The grant of ESCA common stock is in lieu of cash payment of the 2025 annual cash incentive bonus payable to the reporting person for services as an officer. The ESCA common stock is awarded pursuant to the Escalade, Incorporated 2017 Incentive Plan.
2. Restricted Stock Units (RSUs) converted into common stock on a one-for-one basis.
3. Mr. Griffin disclaims beneficial interest in shares held by his adult son, except to the extent of his pecuniary interest therein.
4. Mr. Griffin disclaims beneficial interest in shares held by his adult daughter, except to the extent of his pecuniary interest therein.
5. Mr. Griffin disclaims beneficial ownership in shares held by an irrevocable trust (previously owned by his late father), except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 614,964.629 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary.
6. This reporting person disclaims beneficial ownership in shares held by the family limited partnership, except to the extent of his pecuniary interest therein.
7. Mr. Griffin disclaims beneficial ownership in shares held by a revocable trust owned by his mother, except to the extent of his pecuniary interest therein. Mr. Griffin is deemed to have an indirect beneficial ownership in the 300,000 shares held by such trusts due to his serving as a trustee and his mother being the beneficiary.
8. Each RSU represents a right to receive one share of ESCA common stock granted pursuant to the Escalade, Incorporated 2017 Incentive Plan (Escalade 2017 Plan).
9. On March 3, 2023, the reporting person was granted 5,550 RSUs pursuant to the Escalade 2017 Plan, of which 1,850 RSUs vested on March 3, 2024 and an additional 1,850 RSUs vested and settled on March 3, 2025, as previously reported. The remaining 1,850 RSUs vested and settled on March 3, 2026, as reported on this Form 4. All RSUs settle in shares of ESCA common stock.
/s/ PATRICK J. GRIFFIN 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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