[Form 4] EAGLE BANCORP INC Insider Trading Activity
Kevin P. Geoghegan, EVP and Chief Credit Officer of Eagle Bancorp, reported a Form 4 filing showing a non-derivative disposal of 624 shares of Eagle Bancorp common stock on 09/15/2025 at a price of $20.47 per share. The filing states the shares were withheld to satisfy tax withholding obligations related to the partial vesting of a restricted stock award originally granted on 09/15/2024. After the withholding, Mr. Geoghegan beneficially owns 6,105 shares directly. The transaction is recorded as a routine tax-related withholding rather than an open-market sale or transfer to a third party.
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Insights
TL;DR Routine tax-withholding from restricted stock vesting; not an active sale and typical for executive compensation.
The Form 4 documents a standard compensation-related transaction where 624 shares were withheld to cover tax obligations upon partial vesting of restricted stock granted a year earlier. Because the shares were withheld rather than sold in the open market, this transaction does not indicate a change in the executive's stake intent or liquidity event. The remaining direct beneficial ownership of 6,105 shares remains intact and the event is immaterial to corporate control or governance dynamics.
TL;DR Non-market withholding of vested restricted shares; a neutral, routine disclosure with minimal market impact.
This disclosure records a tax-withholding disposition at $20.47 per share for 624 shares related to a September 2024 restricted stock grant. Such withholdings are administrative and typically do not reflect trading decisions by the officer. The scale (624 shares) is small relative to typical outstanding share counts for a public bank, so the transaction is unlikely to affect liquidity or share supply meaningfully.