Forbright CFO reports tax-withholding share disposition
Forbright, Inc. EVP and CFO Christopher Spencer Lynch reported a Form 4 reflecting a tax-withholding disposition of Class A Common Stock.
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Rhea-AI Filing Summary
Forbright, Inc. EVP and CFO Christopher Spencer Lynch reported a Form 4 reflecting a tax-withholding disposition of Class A Common Stock. On August 7, 2026, 4,915 shares were withheld by the company at a price of $19.08 per share to satisfy tax obligations arising from the vesting of 10,000 restricted shares. Following this withholding, Lynch directly holds 98,688 shares, including multiple restricted stock awards with multi-year vesting schedules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2, F3 | 4,915 | $19.08 | $94K |
Footnotes (3)
- F1. Represents shares withheld by the Issuer for the satisfaction of the Reporting Person's tax withholding obligations in connection with the vesting of 10,000 shares of restricted stock on August 7, 2026.
- F2. Reflects market closing price on August 7, 2026.
- F3. 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) 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
Key Terms
restricted stock awards financial
vesting financial
tax withholding obligations financial
market closing price financial
FAQ
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What insider transaction did Forbright (FRBT) report for CFO Christopher Spencer Lynch?
What restricted stock awards does Christopher Spencer Lynch hold in Forbright (FRBT)?
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