GBank Financial Holdings (GBFH) CEO purchases 32,263 company shares
Rhea-AI Filing Summary
GBank Financial Holdings Inc. President/CEO Jeffrey K. Newgard reported purchases of 32,263 shares of common stock in open-market or private transactions on August 3–4, 2026. The shares were acquired indirectly through a self-directed IRA and a joint spousal account. He also directly holds 20,000 restricted shares that vest ratably over three years.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 32,263 shares
Net Buy
5 txns
Insider
NEWGARD JEFFREY K
Role
President/CEO (GBank)
Bought
32,263 shs ($699K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,293 | $21.5371 | $92K |
| Purchase | Common Stock | 8,772 | $21.5371 | $189K |
| Purchase | Common Stock | 6,309 | $21.7545 | $137K |
| Purchase | Common Stock | 12,889 | $21.7545 | $280K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,602 shares (Indirect, By Jeffrey K Newgard Self Directed IRA);
Common Stock — 21,661 shares (Indirect, Jointly with spouse);
Common Stock — 20,000 shares (Direct)
Footnotes (1)
- F1. Shares granted in the form of restricted stock which vest ratably over three years.
Key Figures
Shares purchased: 32,263 shares
Purchase price 3 Aug 2026: $21.7545 per share
Purchase price 4 Aug 2026: $21.5371 per share
+1 more
4 metrics
Shares purchased
32,263 shares
Total non-derivative common shares purchased August 3–4, 2026
Purchase price 3 Aug 2026
$21.7545 per share
Common stock purchases on 2026-08-03
Purchase price 4 Aug 2026
$21.5371 per share
Common stock purchases on 2026-08-04
Direct restricted shares
20,000 shares
Direct common shares held as restricted stock vesting over three years
Key Terms
Self Directed IRA, restricted stock, indirect ownership
3 terms
Self Directed IRA financial
"nature_of_ownership: By Jeffrey K Newgard Self Directed IRA"
restricted stock financial
"Shares granted in the form of restricted stock which vest ratably"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
indirect ownership financial
"ownership_type: indirect for IRA and joint holdings"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did GBFH report for CEO Jeffrey K. Newgard?
GBFH reported that CEO Jeffrey K. Newgard purchased 32,263 shares of common stock on August 3–4, 2026. The transactions were open-market or private purchases made through a self-directed IRA and a joint account with his spouse.
Does the GBFH CEO also hold restricted stock, and how does it vest?
Yes. Jeffrey K. Newgard directly holds 20,000 shares of GBFH common stock in the form of restricted stock. These shares vest ratably over three years, as indicated in the accompanying footnote to the reported holding entry.
Were the GBFH insider purchases made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not selected, indicating the reported purchases of GBFH common stock were not affirmatively reported as being made under a pre-arranged 10b5-1 trading plan.