GBank Financial (GBFH) director Nigro receives 472-share stock grants, disclaims large indirect holdings
Rhea-AI Filing Summary
Nigro Todd Anthony reported acquisition or exercise transactions in this Form 4 filing.
GBank Financial Holdings Inc. director and secretary Todd Anthony Nigro reported stock awards rather than open-market trades. On July 7, 2026, he received two grants of common stock: 154 shares at $30.12 per share and 318 shares at $27.16 per share, both described as shares granted under the director compensation plan.
Following these awards, the filing shows direct holdings of common stock totaling 11,773 shares and 11,619 shares in the respective award lines. The filing also lists indirect holdings of 12,880 common shares each in trusts for his minor son and daughter, and 281,494 common shares held by EVOL Capital Holdings LLC. Nigro disclaims beneficial ownership of the securities held by EVOL Capital Holdings LLC and the family trusts except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 472 shares
Net Buy
7 txns
Insider
Nigro Todd Anthony, EVOL Capital Holdings LLC
Role
SECRETARY | Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 318 | $27.16 | $9K |
| Grant/Award | Common Stock | 154 | $30.12 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,773 shares (Direct);
Common Stock — 281,494 shares (Indirect, By EVOL Capital Holdings, LLC);
Common Stock — 25,760 shares (Indirect, By Trust for the benefit of Reporting Person's minor daughter);
Common Stock — 25,760 shares (Indirect, By Trust for the benefit of Reporting Person's minor son)
Footnotes (3)
- F1. Shares granted under the director compensation plan.
- F2. The Reporting Person disclaims beneficial ownership of the securities owned by EVOL Capital Holdings LLC, a Nevada limited liability company except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F3. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Stock grant 1: 154 shares at $30.12
Stock grant 2: 318 shares at $27.16
Direct holding line 1: 11,773 shares
+4 more
7 metrics
Stock grant 1
154 shares at $30.12
Common stock award to director on July 7, 2026
Stock grant 2
318 shares at $27.16
Common stock award to director on July 7, 2026
Direct holding line 1
11,773 shares
Common stock direct ownership after 154-share grant
Direct holding line 2
11,619 shares
Common stock direct ownership after 318-share grant
Trust holding - minor son
12,880 shares
Common stock held by trust for minor son, indirect
Trust holding - minor daughter
12,880 shares
Common stock held by trust for minor daughter, indirect
EVOL Capital Holdings LLC
281,494 shares
Common stock held indirectly by EVOL Capital Holdings LLC
Key Terms
Grant, award, or other acquisition, director compensation plan, beneficial ownership, pecuniary interest, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
director compensation plan financial
"Shares granted under the director compensation plan."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities owned by EVOL Capital Holdings LLC"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
