Form 4: RIEL SUSAN G reports disposition transactions in EGBN
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RIEL SUSAN G reported disposition transactions in a Form 4 filing for EGBN. The filing lists transactions totaling 9,683 shares at a weighted average price of $26.16 per share. Following the reported transactions, holdings were 316,671 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RIEL SUSAN G
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,821 | $26.26 | $100K |
| Tax Withholding | Common Stock | 5,862 | $26.10 | $153K |
Holdings After Transaction:
Common Stock — 316,671 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 Reporting Person's holdings include 175 shares acquired under the Eagle Bancorp, Inc. 2021 Employee Stock Purchase Plan on December 31, 2025. 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) report for Susan G. Riel?
Eagle Bancorp reported that President & CEO Susan G. Riel had shares withheld to cover tax obligations from restricted stock vesting. These were tax-withholding dispositions, not open-market sales, and left her with 316,671 shares of common stock owned directly.
Were the Eagle Bancorp (EGBN) insider transactions open-market sales?
No, the reported Eagle Bancorp insider transactions were not open-market sales. The filing states the shares were withheld by the issuer to satisfy tax withholding obligations related to the partial vesting of previously granted restricted stock awards.
What is the role of the reporting person in Eagle Bancorp (EGBN)?
The reporting person, Susan G. Riel, serves as both a director and the President & CEO of Eagle Bancorp, Inc. Her Form 4 filing reflects changes in directly held common stock due to tax-withholding on restricted stock vesting.