Eagle Bancorp (EGBN) awards RSUs and options to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eagle Bancorp Inc. granted equity awards to EVP and Chief Legal Officer Paul Saltzman. He received 3,296 shares of common stock as time-vested restricted stock units under the 2025 Equity Incentive Plan and 6,646 employee stock options with a $26.45 exercise price, both vesting in three equal annual installments starting on the first anniversary or on February 19, 2027, as applicable.
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 |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option - Right to Buy | 6,646 | $0.00 | -- |
| Grant/Award | Common Stock | 3,296 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option - Right to Buy — 6,646 shares (Direct);
Common Stock — 23,908 shares (Direct)
Footnotes (1)
- Represents award of time-vested restricted stock units under the Eagle Bancorp, Inc. 2025 Equity Incentive Plan (the "Plan"). Award vests in three substantially equal annual installments commencing on the first anniversary of the date of grant. Represents award of 6,646 incentive stock options under the Plan to purchase common stock at an exercise price of $26.45 per share. The options are scheduled to vest in three equal annual installments beginning on February 19, 2027.
FAQ
What equity awards did EGBN grant to Paul Saltzman in this Form 4?
Eagle Bancorp Inc. granted Paul Saltzman 3,296 restricted stock units and 6,646 incentive stock options. Both awards were made under the Eagle Bancorp, Inc. 2025 Equity Incentive Plan as part of his compensation as EVP and Chief Legal Officer.
What are the vesting terms of Paul Saltzman’s restricted stock units at EGBN?
The 3,296 restricted stock units vest in three substantially equal annual installments. Vesting begins on the first anniversary of the grant date, meaning the units will fully vest over a three-year period if the stated conditions are satisfied.
What are the key terms of Paul Saltzman’s stock options reported by EGBN?
Paul Saltzman received 6,646 incentive stock options with an exercise price of $26.45 per share. These options vest in three equal annual installments beginning on February 19, 2027, providing potential future ownership if the options are exercised.
Under which plan were Paul Saltzman’s EGBN equity awards granted?
Both the restricted stock units and stock options were granted under the Eagle Bancorp, Inc. 2025 Equity Incentive Plan. This plan governs the terms of equity-based compensation, including vesting schedules and exercise conditions for awards to eligible participants.
Does the Form 4 show any stock sales by Paul Saltzman at EGBN?
The Form 4 reports only grant or award acquisitions of equity, not any sales. It shows new restricted stock units and incentive stock options awarded to Paul Saltzman, with no dispositions or selling transactions disclosed in this filing.