Director at GBank (NASDAQ: GBFH) receives stock awards and reports large trust holding
Rhea-AI Filing Summary
GBank Financial Holdings Inc. director Timothy P. Herbst reported stock awards and current holdings of the company’s common stock. On July 7, 2026, he acquired 279 shares at $30.12 per share and 382 shares at $27.16 per share as grants under a director’s compensation plan, bringing his direct holdings to 25,658 shares.
In addition, a revocable grantor trust associated with him holds 317,126 shares of common stock as an indirect position. These transactions are compensation-related awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 661 shares
Net Buy
3 txns
Insider
Herbst Timothy P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 382 | $27.16 | $10K |
| Grant/Award | Common Stock | 279 | $30.12 | $8K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 25,658 shares (Direct);
Common Stock — 317,126 shares (Indirect, By revocable grantor trust)
Footnotes (1)
- F1. Shares granted under director's compensation plan
Key Figures
Stock grant 1: 279 shares at $30.12/share
Stock grant 2: 382 shares at $27.16/share
Direct holdings after grants: 25,658 shares
+1 more
4 metrics
Stock grant 1
279 shares at $30.12/share
Common Stock award on July 7, 2026
Stock grant 2
382 shares at $27.16/share
Common Stock award on July 7, 2026
Direct holdings after grants
25,658 shares
Common Stock held directly following July 7, 2026 awards
Indirect trust holdings
317,126 shares
Common Stock held via revocable grantor trust
Key Terms
revocable grantor trust, director's compensation plan, indirect ownership, grant, award, or other acquisition
4 terms
revocable grantor trust financial
"direct_or_indirect: "I", nature_of_ownership: "By revocable grantor trust""
director's compensation plan financial
"Shares granted under director's compensation plan"
indirect ownership financial
"ownership_type: "indirect", ownership_code: "I""
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GBank (GBFH) director Timothy P. Herbst report?
Timothy P. Herbst reported receiving two stock grants of GBank common stock on July 7, 2026. He acquired 279 shares at $30.12 and 382 shares at $27.16 per share as part of a director compensation plan, increasing his direct holdings.
Were Timothy P. Herbst’s GBank (GBFH) transactions open-market buys or compensation grants?
The reported GBank transactions are compensation-related grants, not open-market purchases. Both entries use transaction code “A” and are described as grant or award acquisitions under a director’s compensation plan, indicating routine equity compensation rather than discretionary market buying.
What prices were used for Timothy P. Herbst’s GBank (GBFH) stock grants?
The two GBank stock grants to Timothy P. Herbst were recorded at $30.12 and $27.16 per share. Specifically, 279 shares were granted at $30.12 per share and 382 shares at $27.16 per share as part of his director compensation awards.
How is Timothy P. Herbst’s indirect ownership in GBank (GBFH) structured?
Timothy P. Herbst’s indirect ownership is held through a revocable grantor trust. This trust holds 317,126 GBank common shares, reported as indirect ownership in the Form 4. The filing characterizes this as holdings by a revocable grantor trust associated with him.