Georgia Banking's David F. Black reports 30,169 shares
The reported equity awards include unit vesting dates through March 1, 2030, and options expiring March 31, 2032.
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Form Type
3
Rhea-AI Filing Summary
Georgia Banking Co Inc (GBC) Chief Commercial Officer David F. Black reported direct ownership of 30,169 common shares and stock options covering 7,528 common shares, fully exercisable at $21.62 per share and expiring March 31, 2032, as of October 27, 2026. He also reported 15,044 common shares held in an IRA, 4,656 deferred stock units and 24,454 restricted stock units. Each deferred stock unit settles in one common share following separation from service; unvested units and restricted stock units vest subject to continued service.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
BLACK DAVID F.
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Stock Options (right to buy) F2 | -- | -- | -- |
| Holding | Deferred Stock Units F3 | -- | -- | -- |
| Holding | Restricted Stock Units F4 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F1 | -- | -- | -- |
Holdings:
Stock Options (right to buy) — 7,528 contracts (Direct);
Deferred Stock Units — 4,656 contracts (Direct);
Restricted Stock Units — 24,454 contracts (Direct);
Common Stock — 30,169 shares (Direct);
Common Stock — 15,044 shares (Indirect, See footnote (1))
Footnotes (4)
- F1. Held in an IRA for the benefit of the reporting person.
- F2. The option is fully exercisable.
- F3. Represents deferred stock units under the Issuer's Deferred Compensation Plan. Each unit will be settled in one share of Common Stock following the reporting person's separation from service. 1,628 of the units are unvested and vest as follows: 1,514 on February 15, 2027, 57 on February 15, 2028 and 57 on February 15, 2029, subject to continued service.
- F4. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units vest as follows: 7,335 on March 1, 2027, 2,445 on June 1, 2027, 7,337 on March 1, 2028, 4,891 on March 1, 2029 and 2,446 on March 1, 2030, subject to continued service.
Key Figures
Direct common shares: 30,169 shares
Common shares held in an IRA: 15,044 shares
Stock options covering common shares: 7,528 shares
+4 more
7 metrics
Direct common shares
30,169 shares
Reported as of October 27, 2026
Common shares held in an IRA
15,044 shares
Held for the reporting person's benefit as of October 27, 2026
Stock options covering common shares
7,528 shares
Direct; fully exercisable and expiring March 31, 2032
Option exercise price
$21.62 per share
For stock options expiring March 31, 2032
Deferred stock units
4,656 units
Each settles in one common share following separation from service
Restricted stock units
24,454 units
Each represents a contingent right to receive one common share
Unvested deferred stock units
1,628 units
Vest on stated dates from February 15, 2027, through February 15, 2029, subject to continued service
Key Terms
Deferred Stock Units, Deferred Compensation Plan, Restricted Stock Units, fully exercisable
4 terms
Deferred Stock Units financial
"deferred stock units under the Issuer's Deferred Compensation Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan financial
"under the Issuer's Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
fully exercisable financial
"The option is fully exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What holdings did GBC Chief Commercial Officer David F. Black report?
David F. Black reported 30,169 directly held common shares, 15,044 common shares held in an IRA, stock options covering 7,528 common shares, 4,656 deferred stock units and 24,454 restricted stock units as of October 27, 2026. The options are fully exercisable at $21.62 per share and expire March 31, 2032.
When do David F. Black’s GBC stock units vest?
Of the deferred stock units, 1,628 are unvested: 1,514 vest on February 15, 2027, 57 on February 15, 2028, and 57 on February 15, 2029, subject to continued service. Restricted stock units vest in amounts of 7,335 on March 1, 2027; 2,445 on June 1, 2027; 7,337 on March 1, 2028; 4,891 on March 1, 2029; and 2,446 on March 1, 2030, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
