Director at FB Financial Corp (NYSE: FBK) receives 1,329 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jubran Raja J. reported acquisition or exercise transactions in this Form 4 filing.
FB Financial Corp director Raja J. Jubran reported receiving an equity grant in the form of Restricted Stock Units (RSUs). The grant covers 1,329 RSUs awarded at no cash cost under the company’s Non-Employee Director Compensation Policy.
The RSUs are scheduled to vest on April 30, 2027. After this grant, Jubran directly holds 59,139 shares of FB Financial Corp common stock, reflecting his updated ownership position as reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jubran Raja J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,329 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,139 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,329 RSUs
Shares held after transaction: 59,139 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSUs granted
1,329 RSUs
Award under Non-Employee Director Compensation Policy
Shares held after transaction
59,139 shares
Direct holdings following RSU grant
Grant price per share
$0.00 per share
Stated transaction price for RSU award
RSU vesting date
April 30, 2027
Scheduled vesting date of awarded RSUs
Key Terms
Restricted Stock Units (RSUs), Non-Employee Director Compensation Policy, vest
3 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."
vest financial
"The RSUs vest on April 30, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Raja J. Jubran report at FB Financial Corp (FBK)?
Raja J. Jubran reported receiving a grant of 1,329 Restricted Stock Units. These RSUs were awarded as part of FB Financial Corp’s Non-Employee Director Compensation Policy and represent additional equity-based compensation rather than an open-market stock purchase.
When do Raja J. Jubran’s newly granted FB Financial Corp RSUs vest?
The 1,329 Restricted Stock Units granted to Raja J. Jubran vest on April 30, 2027. Vesting means the units become fully earned at that date under the terms of FB Financial Corp’s Non-Employee Director Compensation Policy for board members.
What is the nature of the Form 4 transaction reported by Raja J. Jubran at FBK?
The Form 4 shows an acquisition classified as a grant or award, not a market trade. Raja J. Jubran received 1,329 Restricted Stock Units at a stated price of $0.00 per unit as part of his non-employee director compensation package.
Was cash paid for the FB Financial Corp RSUs granted to Raja J. Jubran?
No cash was paid for the award; the Form 4 lists a transaction price of $0.00 per share. The 1,329 Restricted Stock Units were granted as stock-based compensation under FB Financial Corp’s Non-Employee Director Compensation Policy for board members.