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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 4/11/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1289636 |
| Issuer Name: PROFIRE ENERGY INC |
| Issuer Trading Symbol: PFIE |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1652713 |
| | Owner Name: Oviatt Ryan W |
| Reporting Owner Address: |
| | Owner Street 1: 321 SOUTH 1250 WEST, SUITE 1 |
| | Owner Street 2: |
| | Owner City: LINDON |
| | Owner State: UT |
| | Owner ZIP Code: 84042 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Co-CEO |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/11/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 68,217 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 1.84 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 702,078 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: On April 11, 2024, the reporting person entered into a Restricted Stock Unit Award Agreement which granted 68,217 restricted stock units, 22,739 of which vest on December 31, 2024, 22,739 of which vest on December 31, 2025, and 22,739 of which vest on December 31, 2026. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/Todd Fugal, attorney-in-fact for Ryan Oviatt |
| Signature Date: 4/12/24 |
