Forbright (FRBT) director Donald Kohn receives 6,171 RSUs as equity award
Rhea-AI Filing Summary
Kohn Donald reported acquisition or exercise transactions in this Form 4 filing.
Forbright, Inc. director Donald Kohn reported receiving a grant of 6,171 shares of Class A common stock in the form of restricted stock units. These RSUs were awarded at no cash cost and will vest in full at the company’s 2027 annual stockholders’ meeting, assuming he remains on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,171 shares
Net Buy
1 txn
Insider
Kohn Donald
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,171 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 6,206 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted under the Issuer's 2026 Omnibus Incentive Plan. The RSUs will vest in full on the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of Class A common stock.
Key Figures
RSUs granted: 6,171 shares
Shares after transaction: 6,206 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
6,171 shares
Restricted stock units of Class A Common Stock granted to director
Shares after transaction
6,206 shares
Total Class A Common Stock held directly after grant
Grant price per share
$0.0000 per share
Reported transaction price for the RSU grant
Vesting date
2027 annual meeting
RSUs vest in full at 2027 stockholders’ meeting, service-based
RSU-to-share ratio
1 RSU = 1 share
Each RSU converts into one share of Class A common stock
Key Terms
restricted stock units ("RSUs"), 2026 Omnibus Incentive Plan, vest in full, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the Issuer's 2026 Omnibus Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2026 Omnibus Incentive Plan financial
"RSUs granted under the Issuer's 2026 Omnibus Incentive Plan."
vest in full financial
"The RSUs will vest in full on the date of the Issuer's 2027 annual meeting of stockholders."
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Forbright (FRBT) director Donald Kohn report in this Form 4 filing?
Donald Kohn reported receiving 6,171 restricted stock units of Forbright Class A common stock as a grant. These RSUs are equity compensation, not an open-market purchase, and increase his directly held position to 6,206 shares after the transaction.
When will Donald Kohn’s Forbright (FRBT) RSUs vest?
The 6,171 restricted stock units will vest in full on the date of Forbright’s 2027 annual meeting of stockholders. Vesting is conditioned on Kohn’s continued service on the company’s board of directors through that meeting date.
What does each RSU represent in Donald Kohn’s Forbright (FRBT) grant?
Each restricted stock unit represents a contingent right to receive one share of Forbright Class A common stock. The units convert into shares upon vesting at the 2027 annual meeting, assuming the service-based vesting condition is satisfied.
Under which plan were Donald Kohn’s Forbright (FRBT) RSUs granted?
The RSUs were granted under Forbright’s 2026 Omnibus Incentive Plan. This plan provides for equity-based awards, and in this case granted 6,171 restricted stock units that vest based on continued board service through the 2027 annual stockholders’ meeting.