ENB Financial COO gains 479 shares via RSU vest
ENB Financial Corp Chief Operating Officer Joselyn D. Strohm exercised restricted stock units into common stock as part of her equity compensation.
Rhea-AI Filing Summary
ENB Financial Corp Chief Operating Officer Joselyn D. Strohm exercised restricted stock units into common stock as part of her equity compensation. On June 4, 2026, 479 restricted stock units vested and converted into 479 shares of common stock, representing the third and final installment of a 2023 award that vested at 33 1/3% annually. Following this vesting, Strohm directly holds 1,650.2928 shares of ENB Financial common stock. The filing shows a routine compensation-related equity vesting with no open-market stock sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
479 shares exercised/converted
Exercise
2 txns
Insider
Strohm Joselyn D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 479 | $0.00 | $0.00 |
| Exercise | Common Stock | 479 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 1,650.2928 shares (Direct)
Footnotes (1)
- F1. Represents the third and final year of vesting for a restricted stock award that was granted in 2023. This award vested at 33 1/3% over three years, at each anniversary date.
Key Figures
RSUs vested and exercised: 479 shares
Shares owned after transaction: 1,650.2928 shares
Exercise price per share: $0.0000 per share
+2 more
5 metrics
RSUs vested and exercised
479 shares
Restricted stock units converted into common stock on June 4, 2026
Shares owned after transaction
1,650.2928 shares
Direct ENB Financial common stock holdings following Form 4 transactions
Exercise price per share
$0.0000 per share
Price for conversion of restricted stock units into common stock
Vesting schedule
33 1/3% per year
Three-year vesting of 2023 restricted stock award at each anniversary date
Exercise transactions
1 exercise, 479 shares
Aggregate derivative exercise activity shown in transaction summary
Key Terms
Restricted Stock Unit, derivative security, vesting, exercise or conversion
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and underlying security title "Common Stock""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Represents the third and final year of vesting for a restricted stock award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise or conversion financial
"transaction_action: "derivative exercise/conversion""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ENB Financial (ENBP) COO Joselyn Strohm report in this Form 4?
Joselyn D. Strohm reported the vesting of 479 restricted stock units into common stock. This was the final installment of a 2023 equity award, increasing her direct ENB Financial share ownership to 1,650.2928 shares after the transaction.
Is Joselyn Strohm’s ENB Financial Form 4 transaction a stock sale or a vesting event?
The Form 4 reflects a vesting event, not a stock sale. Restricted stock units granted in 2023 vested and converted into 479 common shares, representing compensation, with no reported open-market selling activity in this filing.
What does the footnote in Joselyn Strohm’s ENB Financial Form 4 explain?
The footnote explains that this was the third and final year of vesting for a restricted stock award granted in 2023. The award vested at 33 1/3% each year on the anniversary date over a three-year schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
