Commercial Bancgroup (CBK) director receives 836 RSUs and reports large indirect stake
Rhea-AI Filing Summary
Spurlock Martha S. reported acquisition or exercise transactions in this Form 4 filing.
Commercial Bancgroup, Inc. director Martha S. Spurlock reported an equity award and updated holdings in common stock. She received 836 restricted stock units (RSUs) at $0.00 per share as a grant under the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock and vests 100% on the date of the company’s 2027 annual meeting of shareholders. Following this grant, she holds 96,310.5 shares directly, including 95,005.5 shares jointly owned with her spouse, and has an additional 1,167,820.5 shares reported as indirectly owned through Unified Shares LLC, where she disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 836 shares
Net Buy
2 txns
Insider
Spurlock Martha S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 836 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,310.5 shares (Direct);
Common Stock — 1,167,820.5 shares (Indirect, By Unified Shares LLC)
Footnotes (3)
- F1. Represents an award of restricted stock units (collectively, the "RSUs" and each, an "RSU") granted pursuant to the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs vest 100% on the date of the issuer's 2027 annual meeting of shareholders.
- F2. 95,005.5 of these shares are jointly owned with the reporting person's spouse.
- F3. The reporting person is a member and manager of Unified Shares LLC ("Unified Shares"). The reporting person disclaims beneficial ownership of the shares of the issuer's common stock held by Unified Shares except to the extent of her pecuniary interest therein, if any.
Key Figures
RSU grant: 836 RSUs
RSU grant price: $0.00 per share
Direct holdings after grant: 96,310.5 shares
+3 more
6 metrics
RSU grant
836 RSUs
Equity award under 2025 Omnibus Incentive Plan
RSU grant price
$0.00 per share
Grant, award, or other acquisition
Direct holdings after grant
96,310.5 shares
Common stock directly owned following RSU grant
Jointly owned shares
95,005.5 shares
Portion of direct holdings jointly owned with spouse
Indirect holdings via LLC
1,167,820.5 shares
Common stock held through Unified Shares LLC
RSU vesting event
2027 annual meeting
RSUs vest 100% on 2027 shareholders’ meeting date
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, pecuniary interest, beneficial ownership, +1 more
5 terms
restricted stock units financial
"Represents an award of restricted stock units (collectively, the "RSUs" and each, an "RSU")"
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.
2025 Omnibus Incentive Plan financial
"granted pursuant to the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
pecuniary interest financial
"disclaims beneficial ownership of the shares ... except to the extent of her pecuniary interest therein"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the shares of the issuer's common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"The reporting person is a member and manager of Unified Shares LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Martha S. Spurlock report for Commercial Bancgroup (CBK)?
Martha S. Spurlock reported receiving a grant of 836 restricted stock units in Commercial Bancgroup common stock. The award was made under the company’s 2025 Omnibus Incentive Plan and is compensation-related rather than an open-market stock purchase or sale.
What are the terms of the 836 RSUs granted to Martha S. Spurlock at Commercial Bancgroup (CBK)?
The 836 RSUs are granted at $0.00 per share under the 2025 Omnibus Incentive Plan. Each RSU converts into one share of Commercial Bancgroup common stock and vests 100% on the date of the company’s 2027 annual meeting of shareholders.
Is Martha S. Spurlock’s Form 4 for Commercial Bancgroup (CBK) an open-market stock purchase or sale?
The Form 4 does not show any open-market purchases or sales. It reports a grant of 836 restricted stock units at $0.00 per share and a separate indirect holding entry through Unified Shares LLC, making this primarily a compensation and ownership-reporting update.
When will Martha S. Spurlock’s Commercial Bancgroup (CBK) RSU award vest?
The 836 restricted stock units granted to Martha S. Spurlock will vest 100% on the date of Commercial Bancgroup’s 2027 annual meeting of shareholders, at which time each RSU will entitle her to receive one share of the company’s common stock.