Flagstar Bank (FLG) CRO granted 61,475 shares, surrenders some for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLAGSTAR BANK, NATIONAL ASSOCIATION executive George Buchanan, EVP and Chief Risk Officer, received a grant of 61,475 shares of common stock on March 15, 2026 as a compensation award. The grant carried no exercise price.
On the same date, 4,368 shares were surrendered back to the issuer to cover tax obligations tied to shares whose restrictions lapsed, a non-market, tax-withholding disposition. After these transactions, Buchanan directly holds 156,176 shares of common stock, a total that includes service-based restricted stock units scheduled to vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Buchanan George
Role
EVP and Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 61,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,368 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 160,544 shares (Direct)
Footnotes (1)
- Total includes service based restricted stock units that will vest in shares of Issuer's common stock over the passage of time. These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
FAQ
What insider transactions did FLG executive George Buchanan report?
George Buchanan reported receiving a grant of 61,475 shares of Flagstar common stock and surrendering 4,368 shares to the issuer for tax obligations. Following these compensation-related transactions, he directly holds 156,176 shares, including service-based restricted stock units that vest over time.
How is deferred compensation reflected in George Buchanan’s FLG holdings?
Buchanan’s total of 156,176 shares includes service-based restricted stock units that will vest into Flagstar common shares over time. This structure ties part of his compensation to ongoing service and company performance through time-based vesting schedules.