Flagstar Bank (NYSE: FLG) EVP reports tax-withholding share surrender
Rhea-AI Filing Summary
FLAGSTAR BANK, NATIONAL ASSOCIATION executive Bryan Marx, EVP & Principal Accounting Officer, reported a tax-withholding disposition of 1,259 shares of common stock on July 15, 2026. The shares were surrendered to the issuer to cover tax obligations when restrictions on previously awarded stock lapsed. Marx now holds 88,664 shares directly, including restricted stock units that will vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,259 shares
Net Sell
1 txn
Insider
Marx Bryan
Role
EVP & Princ Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,259 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 88,664 shares (Direct)
Footnotes (2)
- F1. These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
- F2. Total includes service based restricted stock units that will vest in shares of Issuer's common stock over the passage of time.
Key Figures
Shares surrendered for taxes: 1,259 shares
Shares held after transaction: 88,664 shares
Tax-withholding transactions: 1
+1 more
4 metrics
Shares surrendered for taxes
1,259 shares
Tax-withholding disposition of common stock on July 15, 2026
Shares held after transaction
88,664 shares
Direct holdings of Bryan Marx following the tax-withholding disposition
Tax-withholding transactions
1
Number of tax-withholding dispositions reported in this Form 4
Reported price per surrendered share
$0.0000 per share
Shares surrendered to issuer for tax obligations, not sold on the market
Key Terms
tax obligations, service based restricted stock units, surrendered to the issuer
3 terms
tax obligations financial
"cover the tax obligations on shares for which restrictions have lapsed"
service based restricted stock units financial
"Total includes service based restricted stock units that will vest"
surrendered to the issuer financial
"These shares were surrendered to the issuer to cover the tax"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Flagstar Bank (FLG) EVP Bryan Marx report?
EVP Bryan Marx reported a tax-withholding disposition of 1,259 Flagstar Bank common shares on July 15, 2026. The shares were surrendered to the issuer to cover tax obligations when restrictions on previously awarded stock lapsed, rather than sold on the open market.
Was the Bryan Marx transaction in Flagstar Bank (FLG) stock an open-market sale?
No. The Form 4 shows 1,259 shares were surrendered to the issuer to satisfy tax obligations on stock whose restrictions had lapsed. The price per share is reported as $0.0000, indicating no open-market sale occurred.
What does a tax-withholding disposition mean for Flagstar Bank (FLG) insiders?
A tax-withholding disposition means shares are given back to the issuer to pay tax due when stock awards vest. For FLG, Bryan Marx used 1,259 shares this way, reducing his share count slightly while avoiding a separate cash tax payment.