GBank Financial (GBFH) CEO receives 20,000-share restricted stock grant
Rhea-AI Filing Summary
NEWGARD JEFFREY K reported acquisition or exercise transactions in this Form 4 filing.
GBank Financial Holdings Inc. reported that President and CEO Jeffrey K. Newgard received a grant of 20,000 shares of common stock as equity compensation. The shares were granted in the form of restricted stock at a stated price of $0.00 per share and will vest ratably over three years. Following this award, Newgard is shown as directly holding 20,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
1 txn
Insider
NEWGARD JEFFREY K
Role
President/CEO (GBank)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
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 granted: 20,000 shares
Grant price: $0.00 per share
Shares after transaction: 20,000 shares
+1 more
4 metrics
Shares granted
20,000 shares
Restricted stock grant to President/CEO Jeffrey K. Newgard
Grant price
$0.00 per share
Stated transaction price for awarded common stock
Shares after transaction
20,000 shares
Total common shares directly held following the grant
Vesting period
3 years
Restricted stock vests ratably over three years
Key Terms
restricted stock, vest ratably, grant, award, or other acquisition
3 terms
restricted stock financial
"Shares granted in the form of restricted stock which vest ratably over three years."
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.
vest ratably financial
"Shares granted in the form of restricted stock which vest ratably over three years."
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 transaction did GBank Financial (GBFH) report for Jeffrey K. Newgard?
GBank Financial reported that President and CEO Jeffrey K. Newgard received a grant of 20,000 shares of common stock. The filing classifies this as a grant or award acquisition rather than an open-market purchase or sale.
Is the July 2026 GBFH insider transaction a stock purchase or a grant?
The transaction is a stock grant, not an open-market purchase. Jeffrey K. Newgard received 20,000 shares of common stock as a grant or award, with no cash price per share shown in the filing.
Was the GBFH CEO’s July 2026 stock grant reported as direct or indirect ownership?
The filing classifies Jeffrey K. Newgard’s ownership of the 20,000 granted common shares as direct. No related entities or indirect ownership structures are referenced in the ownership field for this transaction.