Fifth District director sells 8 shares at $15.03
Fifth District Bancorp director Linda A. Sins reported a very small open‑market sale of 8 shares of Common Stock at $15.03 per share through an IRA.
Rhea-AI Filing Summary
Fifth District Bancorp director Linda A. Sins reported a very small open‑market sale of 8 shares of Common Stock at $15.03 per share through an IRA. After this indirect sale, that IRA still holds 17,600 shares. She also holds 11,118 shares directly, including restricted stock that vests 20% per year starting on September 16, 2026, and 4,700 shares indirectly via her spouse’s IRA. In addition, she has stock options over 27,797 shares at a $13.94 exercise price, vesting 20% annually from September 16, 2026 until expiration on September 16, 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8 shares
Net Sell
4 txns
Insider
Sins Linda A.
Role
Director
Sold
8 shs ($120.24)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8 | $15.03 | $120.24 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,600 shares (Indirect, By IRA);
Stock Options — 27,797 contracts (Direct);
Common Stock — 4,700 shares (Indirect, By Spouse's IRA);
Common Stock — 11,118 shares (Direct)
Footnotes (2)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on September 16, 2026.
- F2. Stock Options vest at a rate of 20% per year commencing on September 16, 2026.
Key Figures
Shares sold: 8 shares
Sale price: $15.03 per share
Indirect IRA holdings: 17,600 shares
+5 more
8 metrics
Shares sold
8 shares
Open‑market sale at $15.03 per share on Common Stock
Sale price
$15.03 per share
Price for 8 shares of Common Stock sold indirectly via IRA
Indirect IRA holdings
17,600 shares
Common Stock held indirectly by IRA after the sale
Direct common shares
11,118 shares
Direct Common Stock holdings, including restricted shares
Spouse IRA holdings
4,700 shares
Common Stock held indirectly via spouse’s IRA
Stock option exercise price
$13.94 per share
Exercise price for options over Common Stock
Underlying option shares
27,797 shares
Common Stock underlying outstanding stock options
Option expiration date
September 16, 2035
Expiration date of stock options vesting from September 16, 2026
Key Terms
restricted stock, Stock Options, By IRA, By Spouse's IRA, +2 more
6 terms
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
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.
Stock Options financial
"Stock Options vest at a rate of 20% per year commencing on September 16, 2026."
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.
By IRA financial
"Common Stock ... indirect ... nature_of_ownership: By IRA"
By Spouse's IRA financial
"Common Stock ... indirect ... nature_of_ownership: By Spouse's IRA"
exercise price financial
"conversion_or_exercise_price: 13.9400"
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.
expiration date financial
"expiration_date: 2035-09-16T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fifth District Bancorp (FDSB) report?
Fifth District Bancorp reported that director Linda A. Sins sold 8 shares of Common Stock at $15.03 per share through an IRA. The Form 4 also updates her remaining direct and indirect shareholdings and outstanding stock options.
What are Linda A. Sins’s remaining Fifth District Bancorp (FDSB) holdings?
After the reported sale, Linda A. Sins holds 11,118 shares directly, 17,600 shares indirectly through an IRA, and 4,700 shares indirectly via her spouse’s IRA. She also has stock options over 27,797 shares of Common Stock.
What are the key terms of Linda A. Sins’s Fifth District Bancorp stock options?
Her stock options cover 27,797 underlying Fifth District Bancorp shares at a $13.94 exercise price and expire on September 16, 2035. The options vest at a rate of 20% per year beginning on September 16, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
