FB Bancorp (FBLA) grants 100,000 options and 40,000 shares to officer

Rhea-AI Filing Summary

FB Bancorp Chief Risk/Credit Officer Patrick L. Griggs received equity compensation grants. He was awarded stock options on 100,000 shares of Common Stock at an exercise price of $13.5200 per share, expiring on March 25, 2036, vesting 20% annually starting March 25, 2027.

He also received 40,000 shares of restricted Common Stock, which vest 20% per year beginning on March 25, 2027. Following these awards, he holds 45,000 shares of Common Stock directly and 1,567 shares indirectly through an ESOP, plus the newly granted options.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Griggs Patrick L

(Last) (First) (Middle)

353 CARONDELET STREET

(Street)

NEW ORLEANS LOUISIANA 70130

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FB Bancorp, Inc. /MD/ [ FBLA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk/Credit Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/25/2026		A		40,000(1)	A	$0	45,000	D
Common Stock								1,567(2)	I	By ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$13.52	03/25/2026		A		100,000(3)		03/25/2027	03/25/2036	Common Stock	100,000(3)	$0	100,000(3)	D

Explanation of Responses:

1. Shares of restricted stock vest at a rate of 20% per year commencing on March 25, 2027.

2. Reflect transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.

3. Stock options vest at a rate of 20% per year commencing on March 25, 2027.

	/s/ Marc Levy, pursuant to Power-of-Attorney	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did FBLA insider Patrick L. Griggs receive in this Form 4 filing?

Patrick L. Griggs received equity compensation, including stock options on 100,000 shares and 40,000 restricted shares. These awards increase his exposure to FB Bancorp, Inc. while aligning his incentives with long-term shareholder performance through multi-year vesting schedules.

What are the terms of the stock options granted to FBLA’s Patrick L. Griggs?

Griggs was granted options on 100,000 FB Bancorp shares at an exercise price of $13.5200 per share. The options vest 20% per year starting March 25, 2027 and expire on March 25, 2036, creating a long-dated incentive.

How do the restricted stock awards for FBLA’s Patrick L. Griggs vest?

The 40,000 restricted FB Bancorp shares vest at 20% per year beginning on March 25, 2027. This five-year vesting schedule encourages continued service and ties a meaningful portion of his compensation to future company performance.

How many FBLA shares does Patrick L. Griggs hold after these transactions?

After these awards, Griggs holds 45,000 FB Bancorp common shares directly and 1,567 shares indirectly through an ESOP. He also holds stock options covering 100,000 underlying shares, providing additional future ownership potential subject to vesting and exercise.

Were these FBLA transactions open-market purchases or sales?

No, the Form 4 shows grant or award acquisitions, not market trades. Both the stock options and restricted shares were granted as compensation at a reported price of $0.0000 per share, rather than bought or sold in the open market.