Form 4: Saltzman Paul reports disposition transactions in EGBN
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saltzman Paul reported disposition transactions in a Form 4 filing for EGBN. The filing lists transactions totaling 1,249 shares at a weighted average price of $26.16 per share. Following the reported transactions, holdings were 20,612 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Saltzman Paul
Role
EVP/Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 487 | $26.26 | $13K |
| Tax Withholding | Common Stock | 762 | $26.10 | $20K |
Holdings After Transaction:
Common Stock — 20,612 shares (Direct)
Footnotes (1)
- The shares were withheld to satisfy tax withholding obligations in connection with the partial vesting of a restricted stock award granted on February 12, 2024. The shares were withheld to satisfy tax withholding obligations in connection with the partial vesting of a restricted stock award granted on February 13, 2023.
FAQ
What insider activity did Eagle Bancorp (EGBN) disclose in this Form 4?
Eagle Bancorp disclosed two tax-withholding share dispositions by EVP and Chief Legal Officer Paul Saltzman. A total of 1,249 common shares were withheld to cover taxes on vesting restricted stock awards, rather than being sold in open market transactions.
Who is the reporting insider in Eagle Bancorp (EGBN)'s latest Form 4?
The reporting insider is Paul Saltzman, Executive Vice President and Chief Legal Officer of Eagle Bancorp. He reported routine tax-withholding dispositions of common stock tied to the vesting of prior restricted stock awards granted in 2023 and 2024.
What equity awards triggered the tax-withholding in Eagle Bancorp (EGBN)'s Form 4?
The tax-withholding arose from partial vesting of restricted stock awards granted to Paul Saltzman on February 12, 2024, and February 13, 2023. As those awards vested in 2026, a portion of the resulting shares was withheld to pay required tax liabilities.