HOME BANCORP (HBCP) director receives 500 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON DONALD W reported acquisition or exercise transactions in this Form 4 filing.
HOME BANCORP, INC. director Donald W. Washington received a grant of 500 shares of common stock in the form of restricted stock units at no cost. After this award, he directly holds a total of 7,549.954 shares, including prior dividend reinvestment and earlier restricted stock unit grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WASHINGTON DONALD W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,549.954 shares (Direct, null)
Footnotes (1)
- Includes the grant of 500 restricted stock units pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2027 and that may be settled only in shares of the Issuer's common stock. Includes dividend reinvestment shares as a result of prior election to reinvest dividends. Includes the grant of 600 restricted stock units pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2023 and that may be settled only in shares of the Issuer's common stock. Includes the grant of 600 restricted stock units pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2024 and that may be settled only in shares of the Issuer's common stock. Includes the grant of 600 restricted stock units pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2025 and that may be settled only in shares of the Issuer's common stock. Includes the grant of 700 restricted stock units pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2026 and that may be settled only in shares of the Issuer's common stock.
Key Figures
Restricted stock unit grant: 500 shares
Grant price per share: $0.00 per share
Total shares after transaction: 7,549.954 shares
+2 more
5 metrics
Restricted stock unit grant
500 shares
Grant of restricted stock units on May 12, 2026
Grant price per share
$0.00 per share
Award of restricted stock units, no purchase cost
Total shares after transaction
7,549.954 shares
Direct ownership following the May 12, 2026 grant
Vesting rate for new RSUs
20% per year
500-unit grant vests annually starting May 12, 2027
Prior RSU grants referenced
600 + 600 + 600 + 700 units
Earlier awards vesting annually from May 12, 2023–2026
Key Terms
restricted stock units, 2021 Incentive Plan, dividend reinvestment shares, vest in equal installments
4 terms
restricted stock units financial
"Includes the grant of 500 restricted stock units pursuant to the Issuer's 2021 Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Incentive Plan financial
"Includes the grant of 500 restricted stock units pursuant to the Issuer's 2021 Incentive Plan"
vest in equal installments financial
"that vest in equal installments at the rate of 20% per year commencing on May 12, 2027"
FAQ
What insider transaction did HOME BANCORP (HBCP) director Donald W. Washington report?
Director Donald W. Washington reported receiving 500 restricted stock units of HOME BANCORP common stock. The grant was made at no purchase price as part of the company’s 2021 Incentive Plan, increasing his total directly held shares to 7,549.954 after the award.
What are the key terms of Donald W. Washington’s new restricted stock units at HOME BANCORP (HBCP)?
The new grant consists of 500 restricted stock units that may be settled only in HOME BANCORP common stock. These units vest in equal installments of 20% per year, beginning on May 12, 2027, aligning compensation with multi‑year service to the company.
Under which plan were Donald W. Washington’s HOME BANCORP (HBCP) restricted stock units granted?
The 500 restricted stock units were granted under HOME BANCORP’s 2021 Incentive Plan. This plan also governs several prior restricted stock unit awards described in the filing, each vesting in 20% annual installments over multiple years and settling in common stock.
Does the HOME BANCORP (HBCP) Form 4 reflect a stock purchase or sale by Donald W. Washington?
The Form 4 reflects a grant or award acquisition, not an open-market purchase or sale. Donald W. Washington received 500 restricted stock units at a price of $0.00 per share as part of his director compensation, with no shares sold in this transaction.