Bank7 Corp. (BSVN) grants 2,500 restricted stock units to its VP and General Counsel
Rhea-AI Filing Summary
Litchfield Henry reported acquisition or exercise transactions in this Form 4 filing.
Bank7 Corp. reported that VP and General Counsel Henry Litchfield received a grant of 2,500 restricted stock units of common stock on July 29, 2026, increasing his direct holdings to 14,927 shares of common stock, including restricted stock units. The new units vest in four equal installments on July 29, 2027, 2028, 2029 and 2030, alongside earlier RSU awards with staggered February 15 vesting dates through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,500 shares
Net Buy
1 txn
Insider
Litchfield Henry
Role
VP; General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share F1, F2, F3, F4 | 2,500 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 14,927 shares (Direct)
Footnotes (4)
- F1. Includes 2,500 restricted stock units that vest in four equal installments on July 29, 2027, 2028, 2029, and 2030.
- F2. Includes 1,500 restricted stock units. The original grant of 2,000 restricted stock units vests in four equal installments on February 15, 2026, 2027, 2028, and 2029.
- F3. Includes 1,750 restricted stock units. The original grant of 3,500 restricted stock units vests in four equal installments on February 15, 2025, 2026, 2027, and 2028.
- F4. Includes 1,250 restricted stock units. The original grant of 5,000 restricted stock units vests in four equal installments on February 15, 2024, 2025, 2026, and 2027.
Key Figures
Restricted stock units granted: 2,500 shares
Transaction price per share: $0.0000
Holdings after transaction: 14,927 shares
+4 more
7 metrics
Restricted stock units granted
2,500 shares
RSUs of common stock granted to Henry Litchfield on 2026-07-29
Transaction price per share
$0.0000
Equity award granted without cash consideration
Holdings after transaction
14,927 shares
Direct holdings of common stock including restricted stock units after the grant
New RSUs vesting 2027-2030
2,500 units
New RSUs vest in four equal installments on July 29, 2027-2030
RSUs from 2026-2029 grant
1,500 units
Remaining from original 2,000-unit grant vesting February 15, 2026-2029
RSUs from 2025-2028 grant
1,750 units
Included in holdings from original 3,500-unit grant vesting February 15, 2025-2028
RSUs from 2024-2027 grant
1,250 units
Included in holdings from original 5,000-unit grant vesting February 15, 2024-2027
Key Terms
restricted stock units, par value, grant, award, or other acquisition
3 terms
restricted stock units financial
"Includes 2,500 restricted stock units that vest in four equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
par value financial
"Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
grant, award, or other acquisition financial
"Transaction code description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Bank7 Corp. (BSVN) grant to Henry Litchfield?
Bank7 Corp. granted VP and General Counsel Henry Litchfield 2,500 restricted stock units of common stock on July 29, 2026, at $0.0000 per share. This non-cash award is part of his equity compensation and increases his overall direct holdings in the company.
What is the vesting schedule for the 2,500 new Bank7 Corp. (BSVN) RSUs?
The 2,500 new restricted stock units vest in four equal installments on July 29 of 2027, 2028, 2029 and 2030. Each year on that date, one-quarter of the award will vest, subject to the applicable terms and conditions of the grant.
What prior restricted stock unit grants does Henry Litchfield hold in Bank7 Corp. (BSVN)?
His holdings include 1,500 RSUs from an original 2,000-unit grant vesting on February 15, 2026–2029; 1,750 RSUs from a 3,500-unit grant vesting February 15, 2025–2028; and 1,250 RSUs from a 5,000-unit grant vesting February 15, 2024–2027.
Was Henry Litchfield’s Bank7 Corp. (BSVN) equity grant made under a Rule 10b5-1 trading plan?
The equity grant is reported as a grant, award, or other acquisition and the Rule 10b5-1 plan affirmation checkbox is not marked as true. The information presented characterizes it as compensation rather than a sale under a pre-arranged trading plan.