Forbright EVP Lisa Cuba reports initial holdings
Forbright, Inc. executive Lisa Cuba, EVP and CRO, reported her initial ownership of company equity.
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Form Type
3
Rhea-AI Filing Summary
Forbright, Inc. executive Lisa Cuba, EVP and CRO, reported her initial ownership of company equity. She directly holds 66,755 shares of Class A Common Stock, including multiple restricted stock awards that vest in annual installments over three to five years from their grant dates.
She also holds several stock option awards giving her the right to buy Class A Common Stock: 42,000 and 7,000 underlying shares at an exercise price of $17.04 per share, and 18,000 and 3,000 underlying shares at $14.12 per share, with option expirations in 2032 and portions subject to performance-based vesting tied to pre-established stock price hurdles.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Cuba Lisa
Role
EVP and CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 70,000 contracts (Direct);
Class A Common Stock — 66,755 shares (Direct)
Footnotes (5)
- F1. Includes (i) 25,130 restricted stock awards ("RSAs") granted on March 13, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 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 (iii)28,125 RSAs granted on April 29, 2026 that vest in three substantially equal annual installments on the first three anniversaries of the grant date.
- F2. These options were granted on February 16, 2022 and vest in five equal annual installments on the first five anniversaries of the grant date, of which 3,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
- F3. These options were granted on February 16, 2022 and vest in five equal annual installments on the first five anniversaries of the grant date.
- F4. These options were granted on June 27, 2022 and vest in five equal annual installments on the first five anniversaries of the grant date, of which 18,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
- F5. These options were granted on June 27, 2022 and vest in five equal annual installments on the first five anniversaries of the grant date.
Key Figures
Class A Common Stock held: 66,755 shares
Restricted stock grant 1: 25,130 RSAs
Restricted stock grant 2: 13,500 RSAs
+5 more
8 metrics
Class A Common Stock held
66,755 shares
Direct holdings following report
Restricted stock grant 1
25,130 RSAs
Granted March 13, 2025; vests over five years
Restricted stock grant 2
13,500 RSAs
Granted February 12, 2026; vests over three years
Restricted stock grant 3
28,125 RSAs
Granted April 29, 2026; vests over three years
Option block 1
42,000 underlying shares at $17.04/share
Stock options expiring June 27, 2032
Option block 2
18,000 underlying shares at $14.12/share
Stock options expiring June 27, 2032
Option block 3
7,000 underlying shares at $17.04/share
Stock options expiring February 16, 2032
Option block 4
3,000 underlying shares at $14.12/share
Stock options expiring February 16, 2032
Key Terms
restricted stock awards, Stock Option (right to buy, performance-based vesting conditions, pre-established stock price hurdles, +1 more
5 terms
restricted stock awards financial
"Includes (i) 25,130 restricted stock awards ("RSAs") granted on March 13, 2025..."
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.
Stock Option (right to buy financial
"Stock Option (right to buy) ... underlying security title: "Class A Common Stock""
performance-based vesting conditions financial
"of which 3,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles."
pre-established stock price hurdles financial
"subject to performance-based vesting conditions based on pre-established stock price hurdles."
vest in five equal annual installments financial
"These options were granted on February 16, 2022 and vest in five equal annual installments..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity holdings does Forbright (FRBT) executive Lisa Cuba report on this Form 3?
Lisa Cuba reports direct ownership of 66,755 shares of Forbright Class A Common Stock, plus several stock option grants covering 42,000, 18,000, 7,000 and 3,000 underlying shares with exercise prices of $17.04 and $14.12 per share and expirations in 2032.
How many restricted stock awards does Lisa Cuba hold in Forbright (FRBT)?
Lisa Cuba’s 66,755 Class A Common Stock holdings include 25,130 restricted stock awards granted March 13, 2025, 13,500 granted February 12, 2026, and 28,125 granted April 29, 2026, all vesting in substantially equal annual installments over three or five years from each grant date.
What are the key terms of Lisa Cuba’s Forbright (FRBT) stock options?
She holds stock options to buy Forbright Class A Common Stock at exercise prices of $17.04 and $14.12 per share, with expiration dates in 2032. The options cover blocks of 42,000, 18,000, 7,000 and 3,000 underlying shares and vest in five equal annual installments.
Are any of Lisa Cuba’s Forbright (FRBT) options subject to performance conditions?
Yes. Footnotes state that 3,000 options granted February 16, 2022 and 18,000 options granted June 27, 2022 are also subject to performance-based vesting, tied to pre-established stock price hurdles in addition to the standard five-year annual vesting schedule.
What is the vesting schedule for Lisa Cuba’s Forbright (FRBT) restricted stock awards?
Restricted stock awards granted March 13, 2025 vest in five substantially equal annual installments over five years. Awards granted February 12, 2026 and April 29, 2026 vest in three substantially equal annual installments over three years, all based on anniversaries of each grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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