Flagstar EVP awarded stock, uses shares for taxes
FLAGSTAR BANK, NATIONAL ASSOCIATION executive Bryan Marx, EVP & Principal Accounting Officer, received a grant of 24,590 shares of common stock as a stock award.
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Rhea-AI Filing Summary
FLAGSTAR BANK, NATIONAL ASSOCIATION executive Bryan Marx, EVP & Principal Accounting Officer, received a grant of 24,590 shares of common stock as a stock award. The award carried no cash exercise price.
On the same date, 3,676 shares were surrendered back to the company to cover tax obligations when restrictions lapsed. After these transactions, Marx directly owned 89,923 shares, a total that includes service-based restricted stock units that will vest over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,590 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,676 | $0.00 | $0.00 |
Footnotes (2)
- F1. Total includes service based restricted stock units that will vest in shares of Issuer's common stock over the passage of time.
- F2. These shares were surrendered to the issuer to cover the tax obligations on shares for which restrictions have lapsed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FLG executive Bryan Marx report on this Form 4?
What type of equity compensation did FLG grant to Bryan Marx?
AI-generated analysis. How Rhea-AI works. Not financial advice.