GBank Financial (GBFH) Form 4: 166 Shares Issued to Director
Rhea-AI Filing Summary
Alan Curtis Sklar, a director of GBank Financial Holdings Inc. (GBFH), reported a non-derivative purchase on 10/01/2025 of 166 shares of common stock at a price of $39.92 per share under the issuer's director compensation plan. After the transaction the filing reports the reporting person directly holds 9,324 shares. The report also discloses indirect holdings of 502,443 shares owned by Sklar Family LP and 100 shares owned by Sklar Family LLC.
The filing updates previously reported unvested restricted stock balances to reflect 3,540 and 800 shares that had been reported in Table II of the filer’s Form 3, and includes disclaimers that beneficial ownership of partnership and LLC holdings is disclaimed except to the extent of pecuniary interest.
Positive
- 166 shares granted under the director compensation plan, reflecting standard non-cash director pay
- Filing clarifies and updates unvested restricted stock balances to 3,540 and 800 shares, improving disclosure
- Clear disclosure of indirect holdings: 502,443 shares via Sklar Family LP and 100 via Sklar Family LLC
Negative
- None.
Insights
Director received compensation shares; ownership profile clarified.
The Form 4 discloses a 166-share grant at $39.92 on 10/01/2025 issued under the director compensation plan, which is a routine equity-based payment to an independent director rather than an open-market purchase.
The filing also clarifies total positions: 9,324 direct shares and substantial indirect holdings of 502,443 via the Sklar Family LP plus 100 via Sklar Family LLC, and it adjusts previously reported unvested restricted stock balances (3,540 and 800 shares). These entries improve transparency about the reporting person’s economic exposure and the corporate insider ownership structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 166 | $39.92 | $7K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Shares granted under Director Compensation plan.
- F2. Balance has been updated to reflect 3,540 shares of unvested restricted stock previously reported in Table II of the filer's Form 3.
- F3. Balance has been updated to reflect 800 shares of unvested restricted stock previously reported in Table II of the filer's Form 3.
- F4. Shares are owned by Sklar Family LP, a Nevada family limited partnership (the "FLP"). The general partner of the FLP is Sklar Family LLC, a Nevada limited liability company (the "Sklar Family LLC"), of which the Reporting Person is a manager. The Reporting Person disclaims beneficial ownership of the securities owned by FLP 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.
- F5. Shares are owned by the Sklar Family LLC, of which the Reporting Person is a manager. The Reporting Person disclaims beneficial ownership of the securities owned by LLC 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.
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