FB Financial (FBK) director awarded 1,329 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FB Financial Corp director Smith J. Henry IV reported a stock-based compensation award. He received 1,329 shares of Common Stock through a grant of Restricted Stock Units at no cash cost, classified as a grant or award acquisition.
The RSUs vest on April 30, 2027 under the company’s Non-Employee Director Compensation Policy. After this grant, he directly holds 44,574 shares of Common Stock and also has 584 shares reported as indirectly owned through his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith J. Henry IV
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,329 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,574 shares (Direct, null);
Common Stock — 584 shares (Indirect, By children)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,329 shares
Grant price per share: $0.00 per share
Direct holdings after grant: 44,574 shares
+2 more
5 metrics
RSU grant size
1,329 shares
Restricted Stock Units awarded to director
Grant price per share
$0.00 per share
RSU award under compensation policy
Direct holdings after grant
44,574 shares
Common Stock directly owned post-transaction
Indirect holdings
584 shares
Common Stock held indirectly by children
RSU vesting date
April 30, 2027
Vesting date for awarded RSUs
Key Terms
Restricted Stock Units (RSUs), Non-Employee Director Compensation Policy, indirect ownership, grant, award, or other acquisition
4 terms
Restricted Stock Units (RSUs) financial
"Reflects an award of Restricted Stock Units (RSUs) granted pursuant to the issuer's Non-Employee Director Compensation Policy."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Non-Employee Director Compensation Policy financial
"RSUs granted pursuant to the issuer's Non-Employee Director Compensation Policy."
indirect ownership financial
"total_shares_following_transaction: 584.0000, direct_or_indirect: I, nature_of_ownership: By children"
grant, award, or other acquisition financial
"transaction_action: grant/award acquisition, transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did FB Financial Corp (FBK) report for Smith J. Henry IV?
FB Financial Corp reported that director Smith J. Henry IV received 1,329 shares of Common Stock as a Restricted Stock Unit grant. The award is stock-based compensation rather than a cash purchase and reflects an increase in his equity stake in the company.
What are the key terms of the RSU grant reported by FB Financial Corp (FBK)?
The grant consists of 1,329 Restricted Stock Units tied to FB Financial Corp Common Stock, awarded at a price of $0.00 per share. According to the filing, these RSUs were issued under the Non-Employee Director Compensation Policy and will vest on April 30, 2027.
When do the Restricted Stock Units granted to the FB Financial Corp (FBK) director vest?
The Restricted Stock Units granted to director Smith J. Henry IV vest on April 30, 2027. Vesting means the RSUs convert into shares the director can own outright, subject to the company’s plan terms and any continued service or other applicable conditions.
Is the FB Financial Corp (FBK) Form 4 transaction a market purchase or sale?
The Form 4 transaction is not a market purchase or sale; it is a grant or award acquisition. The director received 1,329 Restricted Stock Units at no cash cost as part of his non-employee director compensation, rather than buying or selling shares on the open market.