Director Richard Powers sells 2,308 Esquire Financial (ESQ) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Esquire Financial Holdings director Richard T. Powers reported an open-market sale of 2,308 shares of Common Stock at $104.825 per share. After this transaction, he directly owns 58,233 shares. His holdings include multiple grants of restricted stock scheduled to vest in stages from December 2024 through December 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,308 shares ($241,936)
Net Sell
1 txn
Insider
Powers Richard T
Role
Director
Sold
2,308 shs ($242K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,308 | $104.825 | $242K |
Holdings After Transaction:
Common Stock — 58,233 shares (Direct)
Footnotes (1)
- Includes shares of restricted stock which vest in three equal annual installments commencing on December 16, 2024. Includes shares of restricted stock which vest in three equal annual installments commencing on December 9, 2025. Includes shares of restricted stock which vest 100% on December 10, 2026. Includes shares of restricted stock which vest in three equal annual installments commencing on December 19, 2026. Includes shares of restricted stock which vest in three equal annual installments commencing on December 3, 2027. Includes shares of restricted stock which vest in three equal annual installments commencing on December 15, 2027.
FAQ
What insider transaction did Esquire Financial (ESQ) report for Richard T. Powers?
Richard T. Powers reported an open-market sale of 2,308 shares of Esquire Financial Common Stock at $104.825 per share. The transaction reflects a routine disposition while he continues to hold a substantial remaining position in the company.
Does Richard T. Powers still hold restricted stock in Esquire Financial (ESQ)?
Yes. His reported holdings include restricted stock that vests in installments starting December 16, 2024 and December 9, 2025, plus additional grants vesting on December 10, 2026 and in three annual installments beginning December 19, 2026 and in December 2027.
What type of transaction is reported in this Esquire Financial (ESQ) Form 4?
The Form 4 reports a non-derivative open-market sale of Common Stock, coded as an “S” transaction. It is classified as an open-market or private sale, rather than an option exercise, gift, tax withholding event, or derivative-related transaction.
Is there any indication of derivative or option activity in this Esquire Financial (ESQ) filing?
No derivative or option exercises are reported in this Form 4. The derivative section is empty, and the single transaction involves only Common Stock, indicating the event is limited to a straightforward sale of existing shares.