Form 4: ENBP officer converts 403 RSUs; holds 1,707.1017 shares
Rhea-AI Filing Summary
ENB Financial Corp (ENBP) reported an insider equity transaction by its Chief Human Resources Officer. On 10/31/2025, 403 shares of common stock were acquired following the conversion of a restricted stock unit award (transaction code M). The filing lists a price of $23 for the common stock entry.
After the transaction, the officer directly owns 1,707.1017 common shares. A related derivative line shows 403 restricted stock units converted into common stock at a listed derivative price of $0, leaving 0 derivative securities outstanding. The filing notes this was the third and final vesting year of a 2022 restricted stock award, and a separate RSU grant that vests 33 1/3% annually over three years.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting converted 403 units into common shares.
The officer’s filing shows 403 restricted stock units converted into common stock (code M), with the common stock line showing a $23 price entry and resulting direct ownership of 1,707.1017 shares. The derivative line indicates a $0 price and 0 remaining derivative units after this conversion.
Disclosures explain this represents the third and final vesting year of a 2022 restricted stock award, and reference a separate RSU grant vesting 33 1/3% annually over three years. These are typical time-based equity vesting mechanics. Actual market impact depends on future trading decisions not indicated in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 403 | $0.00 | -- |
| Exercise | Common Stock | 403 | $23.00 | $9K |
Footnotes (1)
- Represents the third and final year of vesting for a restricted stock award that was granted in 2022. Represents a grant of restricted stock unit award that vests annually at 33 1/3% over three years, beginning at the first anniversary date.