Forbright (FRBT) EVP & CFO Lynch reports 103,603 Class A shares and RSA grants
Rhea-AI Filing Summary
Forbright, Inc. executive Christopher Spencer Lynch, who serves as EVP and CFO, reported ownership of 103,603 shares of Class A Common Stock, held directly. The filing does not show any new buy or sell transactions but discloses his current equity position.
A footnote explains that this amount includes several restricted stock awards (RSAs): 30,000 RSAs granted on August 7, 2023, 25,130 RSAs granted on March 13, 2025, 13,500 RSAs granted on February 12, 2026, and 46,875 RSAs granted on April 29, 2026. These RSAs vest in substantially equal annual installments over three or five years from their respective grant dates, linking a portion of his compensation to the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Christopher Spencer
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 103,603 shares (Direct)
Footnotes (1)
- F1. Includes (i) 30,000 restricted stock awards ("RSAs") granted on August 7, 2023 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; (ii) 25,130 RSAs granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (iii) 13,500 RSAs granted on February 12, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date; and (iv) 46,875 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
Key Figures
Directly held Class A shares: 103,603 shares
RSA grant August 7, 2023: 30,000 shares
RSA grant March 13, 2025: 25,130 shares
+2 more
5 metrics
Directly held Class A shares
103,603 shares
Shares owned following the reported holding entry
RSA grant August 7, 2023
30,000 shares
Restricted stock awards vesting in three annual installments
RSA grant March 13, 2025
25,130 shares
Restricted stock awards vesting in five annual installments
RSA grant February 12, 2026
13,500 shares
Restricted stock awards vesting in three annual installments
RSA grant April 29, 2026
46,875 shares
Restricted stock awards vesting in three annual installments
Key Terms
Class A Common Stock, restricted stock awards, vest
3 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
restricted stock awards financial
"Includes (i) 30,000 restricted stock awards ("RSAs") granted on August 7, 2023"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
vest financial
"that vest in three substantially equal annual installments on the first three anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Forbright (FRBT) Form 3 filing by Christopher Spencer Lynch show?
The Form 3 shows EVP and CFO Christopher Spencer Lynch holding 103,603 shares of Forbright Class A Common Stock directly. The filing reflects his existing ownership position and does not report any new purchase or sale transactions.
What restricted stock awards are included in Christopher Spencer Lynch’s Forbright (FRBT) holdings?
His holdings include RSAs of 30,000 shares granted August 7, 2023, 25,130 granted March 13, 2025, 13,500 granted February 12, 2026, and 46,875 granted April 29, 2026. These awards vest in annual installments over three or five years.
Over what period do Christopher Spencer Lynch’s Forbright (FRBT) RSAs vest?
The RSAs vest in substantially equal annual installments. Some grants vest over three years and one grant over five years, with vesting occurring on the first three or five anniversaries of each respective grant date.