Forbright EVP Juda Aaron reports 108,553 FRBT shares
Forbright, Inc. executive Juda Aaron, EVP and CSO, reported his initial ownership on a Form 3.
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Form Type
3
Rhea-AI Filing Summary
Forbright, Inc. executive Juda Aaron, EVP and CSO, reported his initial ownership on a Form 3. He directly holds 108,553 shares of Class A Common Stock, including restricted stock awards that vest over three to five years. He also holds several stock option grants for Class A shares with exercise prices of $17.04, $13.50 and $12.63 per share, expiring in 2031 and 2032, many of which vest in equal annual installments and some subject to performance-based stock price hurdles.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Juda Aaron
Role
EVP and CSO
| 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) — 335,000 contracts (Direct);
Class A Common Stock — 108,553 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) 56,250 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 July 1, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date, of which 55,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
- F3. These options were granted on July 1, 2021 and vest in five equal annual installments on the first five anniversaries of the grant date.
- F4. 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 20,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles.
- F5. These options were granted on February 16, 2022 and vest in five equal annual installments on the first five anniversaries of the grant date.
Key Figures
Direct Class A shares: 108,553 shares
Option exercise price: $17.04/share
Option exercise price: $13.50/share
+4 more
7 metrics
Direct Class A shares
108,553 shares
Total Class A Common Stock following reported holdings
Option exercise price
$17.04/share
Stock Option (right to buy) expiring February 16, 2032
Option exercise price
$13.50/share
Stock Option (right to buy) expiring February 16, 2032
Option exercise price
$12.63/share
Stock Option (right to buy) expiring July 1, 2031
RSA grant
25,130 shares
Restricted stock awards granted March 13, 2025
RSA grant
13,500 shares
Restricted stock awards granted February 12, 2026
RSA grant
56,250 shares
Restricted stock awards granted April 29, 2026
Key Terms
restricted stock awards, Stock Option (right to buy), performance-based vesting conditions, stock price hurdles, +1 more
5 terms
restricted stock awards financial
"Includes (i) 25,130 restricted stock awards ("RSAs") granted on March 13, 2025 that vest..."
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
"security_title": "Stock Option (right to buy)""
performance-based vesting conditions financial
"55,000 options are also subject to performance-based vesting conditions based on pre-established stock price hurdles"
stock price hurdles financial
"subject to performance-based vesting conditions based on pre-established stock price hurdles"
"Stock price hurdles" are specific price levels that investors watch closely because reaching them can signal a potential change in the stock's future. Think of them like checkpoints in a video game; once the stock hits these levels, it might trigger new buying or selling activity, affecting whether the price goes up or down.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Juda Aaron’s Form 3 filing show for Forbright (FRBT)?
The Form 3 shows EVP and CSO Juda Aaron reporting his existing Forbright holdings, not a new trade. It details 108,553 Class A shares, restricted stock awards, and multiple stock option grants with specified exercise prices and vesting schedules.
What stock options does Juda Aaron report in the Forbright (FRBT) Form 3?
The Form 3 lists several stock option (right to buy) positions. These include options with exercise prices of $17.04, $13.50, and $12.63 per share, each tied to Class A Common Stock and expiring in 2031 and 2032.
How do Juda Aaron’s Forbright restricted stock awards vest?
The filing explains that Juda Aaron’s restricted stock awards vest in equal annual installments. Grants from March 13, 2025, February 12, 2026, and April 29, 2026 vest over three to five years from each grant date, subject to continued service.
Are any of Juda Aaron’s Forbright options performance-based?
Yes. Some options granted on July 1, 2021 and February 16, 2022 are subject to performance-based vesting conditions. Vesting depends on pre-established stock price hurdles in addition to time-based service requirements, adding an extra performance link.
Does Juda Aaron’s Form 3 indicate recent buying or selling of Forbright stock?
The Form 3 primarily records existing holdings rather than recent buying or selling. Transactions are coded as holdings, with no explicit buy or sell codes, reflecting a baseline disclosure of Juda Aaron’s equity position as an officer of Forbright.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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