FB Financial (FBK) director receives 1,329 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FB Financial Corp director James W. Cross IV received an equity award of 1,329 Restricted Stock Units (RSUs) of common stock. The award was granted under the company’s Non-Employee Director Compensation Policy at no cash cost per share. Following this grant, he holds 63,983 shares of common stock directly. The RSUs are scheduled to vest on April 30, 2027, meaning they will convert into shares for him on that date if vesting conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CROSS JAMES W IV
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,329 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 63,983 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,329 shares
Grant price: $0.0000 per share
Shares held after: 63,983 shares
+1 more
4 metrics
RSUs granted
1,329 shares
Restricted Stock Units award to director on May 22, 2026
Grant price
$0.0000 per share
Compensation grant, not open-market purchase
Shares held after
63,983 shares
Total FB Financial common stock directly held after grant
Vesting date
April 30, 2027
RSUs vest under Non-Employee Director Compensation Policy
Key Terms
Restricted Stock Units (RSUs), Non-Employee Director Compensation Policy, Form 4
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FBK director James W. Cross IV report?
Director James W. Cross IV reported receiving 1,329 Restricted Stock Units of FB Financial Corp common stock. The award was made as part of the Non-Employee Director Compensation Policy and represents equity-based compensation rather than an open-market purchase.
When do the newly granted FBK Restricted Stock Units vest?
The 1,329 Restricted Stock Units granted to James W. Cross IV vest on April 30, 2027. Vesting means the units convert into shares of common stock for the director if he satisfies the applicable service-based conditions through that date.
Was the FBK RSU award to James W. Cross IV a market purchase?
No, the 1,329 Restricted Stock Units were granted at a price of $0.0000 per share. This indicates the award was compensation granted by FB Financial Corp, not an open-market stock purchase by the director using personal funds.
Under what policy were the FBK RSUs granted to the director?
The RSUs were granted under FB Financial Corp’s Non-Employee Director Compensation Policy. This policy governs how outside directors are compensated, including equity-based awards such as Restricted Stock Units that align director interests with shareholders.