Friedman Industries Inc FRD US Equity
Friedman Industries Inc (Nasdaq: FRD), an SEC filer in Steel Works, Blast Furnaces & Rolling & Finishing Mills, closed at $43.72, -2.5%, on 2026-08-28, with a market cap of $315M, a trailing P/E of 50.3, a return on equity of 4.7%, a net margin of 1.4% and 3-year sales growth of 15.9%. Institutional ownership, earnings history and filed financials are on the tabs below.
Legal & controls
Item 3 and Item 9A as filed · every verdict is the registrant’s own sentence, printed below it · a filing that fails an extraction gate reads “not extracted”
| Fiscal year | Filed | Item 3 | ICFR | disclosure controls | material weakness | Filing |
|---|---|---|---|---|---|---|
| 2026-03-31 | 2026-06-11 | as filed | not extracted | not extracted | none in Item 9A | EDGAR |
Item 3 · The Company is not, and during fiscal year 2026 was not, a party to, nor is its property the subject of, any material pending legal proceedings. | ||||||
| 2025-03-31 | 2025-06-12 | as filed | not extracted | not extracted | none in Item 9A | EDGAR |
Item 3 · The Company is not, and during fiscal year 2025 was not, a party to, nor is its property the subject of, any material pending legal proceedings. | ||||||
| 2024-03-31 | 2024-06-11 | as filed | not extracted | not extracted | none in Item 9A | EDGAR |
Item 3 · The Company is not, and during fiscal year 2024 was not, a party to, nor is its property the subject of, any material pending legal proceedings. | ||||||
| 2023-03-31 | 2023-07-14 | as filed | not extracted | not extracted | none in Item 9A | EDGAR |
Item 3 · The Company is not, and during fiscal year 2023 was not, a party to, nor is its property the subject of, any material pending legal proceedings. | ||||||
| 2022-03-31 | 2022-08-02 | as filed | not extracted | not extracted | none in Item 9A | EDGAR |
Item 3 · The Company is not, and during fiscal year 2022 was not, a party to, nor is its property the subject of, any material pending legal proceedings. | ||||||
5 of 5 annual reports on record have their filing text cached on this host; the rest are listed with their EDGAR link and no extraction, because this surface never fetches from SEC on a page load.
- Item 3 and Item 9A are located in the filing HTML already cached on this host and read with the same line-anchored item matcher and largest-gap body disambiguation the filing-narrative pass uses for Item 1A and Item 7 — no fetch, no model, no summarization.
- A heading is accepted as a section only when it is not a table-of-contents row (a trailing page number), not a quoted reference in prose, and names its own section; the span must then clear a per-item length band and carry readable text after the heading. Anything that fails a gate is served as 'not extracted' with the reason — never as a default value.
- An effectiveness conclusion is read only from a sentence that names its own control set (disclosure controls and procedures, or internal control over financial reporting) and states an outcome. Conditional sentences — the standard limitations paragraph and forward-looking remediation language — are excluded, because they are hypotheses rather than conclusions.
- When a filing's own sentences disagree — an effective conclusion beside an unremediated material-weakness disclosure, or two conclusions of opposite sign — no verdict is asserted. A wrong 'controls were effective' reading is worse than no reading.
- Every verdict is shown beside the verbatim sentence it was read from. The excerpt is the filing's own words, capped at 1,200 characters; the filing itself is one link away.