GBank Financial Holdings (GBFH) director purchases 10,000 shares
Rhea-AI Filing Summary
GBank Financial Holdings Inc. director Timothy P. Herbst reported buying 10,000 shares of common stock on August 4, 2026 in a transaction coded as a purchase. The weighted-average price was $21.4971 per share, from multiple trades between $21.22 and $21.70. The shares are held indirectly through a revocable grantor trust, which now holds 327,126 shares. A separate line shows 25,658 shares held directly. The Rule 10b5-1 checkbox is not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares
Net Buy
2 txns
Insider
Herbst Timothy P
Role
Director
Bought
10,000 shs ($215K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 10,000 | $21.4971 | $215K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 327,126 shares (Indirect, By revocable grantor trust);
Common Stock — 25,658 shares (Direct)
Footnotes (1)
- F1. The reported price represents a weighted average purchase price. The shares were purchased in multiple transactions at prices ranging from $21.22 to $21.70. The reporting person undertakes to provide full information regarding the number of shares purchased at each separate price upon request.
Key Figures
Shares purchased: 10,000 shares
Weighted-average purchase price: $21.4971 per share
Purchase price range: $21.22–$21.70 per share
+3 more
6 metrics
Shares purchased
10,000 shares
Common Stock acquired on August 4, 2026
Weighted-average purchase price
$21.4971 per share
Average of multiple purchase transactions
Purchase price range
$21.22–$21.70 per share
Range of individual trade prices in the purchase
Indirect holdings after transaction
327,126 shares
Common Stock held by revocable grantor trust following purchase
Direct holdings
25,658 shares
Common Stock listed as directly owned in holding entry
Net buy shares
10,000 shares
Net buying activity across reported transactions
Key Terms
revocable grantor trust, weighted average purchase price, Rule 10b5-1, indirect ownership, +1 more
5 terms
revocable grantor trust financial
"The shares are held indirectly through a revocable grantor trust"
weighted average purchase price financial
"The reported price represents a weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"These shares are reported as indirect ownership on the Form 4"
open market or private transaction financial
"Transaction coded as a purchase in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GBFH director Timothy P. Herbst report?
Timothy P. Herbst reported buying 10,000 GBFH common shares on August 4, 2026. The transaction is coded as a purchase in open-market or private transactions, as reflected in his Form 4 filing.
Was the GBFH insider’s trade made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not selected. The filing does not affirm that the 10,000-share purchase was executed under a pre-arranged trading plan.
How is the GBFH insider’s ownership structured between direct and indirect holdings?
Timothy P. Herbst reports 327,126 GBFH shares held indirectly via a revocable grantor trust and 25,658 shares held directly. The trust position reflects the reported 10,000-share purchase on August 4, 2026.