FB Bancorp (FBLA) awards 17,794 common shares to its board chair
Rhea-AI Filing Summary
Crosby Katherine A reported acquisition or exercise transactions in this Form 4 filing.
FB Bancorp, Inc. Chairman of the Board Katherine A. Crosby reported a compensation-related equity award. She received 17,794 shares of Common Stock as a grant, bringing her direct holdings to 77,794 shares. Some of these are restricted stock that vest in four roughly equal installments on December 31, 2026, June 30, 2027, December 31, 2027, and June 30, 2028, with additional restricted shares vesting 20% per year starting March 25, 2027. Crosby also holds 150,000 stock options exercisable at $13.52 per share, vesting 20% per year from March 25, 2027 and expiring March 25, 2036, plus indirect interests through a spouse’s IRA, an ESOP, and a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 17,794 shares
Net Buy
5 txns
Insider
Crosby Katherine A
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,794 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,794 shares (Direct);
Stock Options — 150,000 shares (Direct);
Common Stock — 35,006 shares (Indirect, By 401(k));
Common Stock — 1,631 shares (Indirect, By ESOP);
Common Stock — 40,000 shares (Indirect, By Spouse's IRA)
Footnotes (3)
- F1. Shares of restricted stock vest in four approximately equal installments on each of December 31, 2026, June 30, 2027, December 31, 2027, and June 30, 2028.
- F2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on March 25, 2027.
- F3. Stock options vest at a rate of 20% per year commencing on March 25, 2027.
Key Figures
Stock grant: 17,794 shares
Direct common holdings: 77,794 shares
Spouse IRA holdings: 40,000 shares
+3 more
6 metrics
Stock grant
17,794 shares
Common Stock grant coded as acquisition on April 29, 2026
Direct common holdings
77,794 shares
Total common stock directly held after the grant
Spouse IRA holdings
40,000 shares
Indirect common stock ownership by spouse’s IRA
401(k) holdings
35,006 shares
Indirect common stock ownership by 401(k)
ESOP holdings
1,631 shares
Indirect common stock ownership by ESOP
Stock options position
150,000 underlying shares at $13.52
Options on common stock, expiring March 25, 2036
Key Terms
restricted stock, ESOP, Stock Options, 401(k), +1 more
5 terms
restricted stock financial
"Shares of restricted stock vest in four approximately equal installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Stock Options financial
"security_title: Stock Options with underlying Common Stock"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
exercise price financial
"Stock options vest at a rate of 20% per year with exercise price 13.5200"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FB Bancorp (FBLA) Chairman Katherine Crosby report in this Form 4?
Katherine Crosby reported receiving a grant of 17,794 shares of FB Bancorp common stock. This award increased her direct holdings to 77,794 shares, alongside existing indirect holdings and unexercised stock options disclosed in the same filing.
What stock options in FB Bancorp does Katherine Crosby hold according to this filing?
She holds stock options covering 150,000 shares of FB Bancorp common stock at an exercise price of $13.52. These options vest 20% per year beginning March 25, 2027 and expire on March 25, 2036, representing a long-dated equity incentive position.
What indirect FB Bancorp holdings are reported for Katherine Crosby in this Form 4?
The filing shows indirect ownership of common stock through three sources: 40,000 shares by a spouse’s IRA, 1,631 shares by an ESOP, and 35,006 shares by a 401(k). These are in addition to her directly held shares and stock options.