Forbright (FRBT) director awarded 6,171 RSUs vesting at 2027 meeting
Rhea-AI Filing Summary
Jones Christopher Travis reported acquisition or exercise transactions in this Form 4 filing.
Forbright, Inc. director Christopher Travis Jones reported an equity award and existing indirect holdings in Class A common stock. He received a grant of 6,171 restricted stock units under the 2026 Omnibus Incentive Plan at a price of $0.00 per unit, each representing one share of Class A common stock.
The RSUs vest in full on the date of Forbright’s 2027 annual meeting of stockholders, conditioned on his continued board service through that date. The filing also lists indirect holdings held for his benefit or family through the Christopher T. Jones Revocable Trust, the Patricia B. Jones Revocable Trust, and a Pacific Premier Trust SEP IRA, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,171 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- 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.
- F2. These shares are held by The Christopher T. Jones Revocable Trust (the "CTJ Trust"), for which the Reporting Person is a trustee. Certain members of the Reporting Person's immediate family are beneficiaries of the CTJ Trust. The Reporting Person disclaims beneficial ownership of the shares held by the CTJ Trust, except to the extent of his pecuniary interest therein.
- F3. These shares are held by The Patricia B. Jones Revocable Trust (the "PBJ Trust"), for which Patricia Jones, the spouse of the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the shares held by the PBJ Trust, except to the extent of his pecuniary interest therein.
- F4. These shares are held by The Pacific Premier Trust FBO Christopher T Jones SEP IRA (the "SEP IRA") for which the Reporting Person is custodian. The Reporting Person disclaims beneficial ownership of the shares held by the SEP IRA, except to the extent of his pecuniary interest therein.
AI-generated analysis. How Rhea-AI works. Not financial advice.