Director adds shares at Home Bancorp (HBCP) in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOME BANCORP, INC. director Chris P. Rader reported an open-market purchase of 500 shares of common stock at a price of $59.50 per share. This increased his directly held position to 17,713.7563 shares.
In addition, he reports indirect ownership of 8,826.325 shares held by an IRA. The reported direct holdings include multiple grants of restricted stock units that vest in 20% annual installments beginning on May 12, 2022 through May 12, 2026 under the company’s 2014 and 2021 Incentive Plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($29,750)
Net Buy
2 txns
Insider
RADER CHRIS P
Role
Director
Bought
500 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $59.50 | $30K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,713.756 shares (Direct);
Common Stock — 8,826.325 shares (Indirect, By IRA)
Footnotes (1)
- Includes the grant of 550 restricted stock units pursuant to the Issuer's 2014 Incentive Plan that vest in equal installments at the rate of 20% per year commencing on May 12, 2022 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, 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.
FAQ
What did Home Bancorp (HBCP) director Chris P. Rader report in this Form 4?
Chris P. Rader reported buying 500 shares of Home Bancorp common stock in an open-market transaction at $59.50 per share. This filing also updates his total direct and indirect holdings, including shares held through an IRA and restricted stock units granted under company incentive plans.
What indirect Home Bancorp (HBCP) holdings does Chris P. Rader report?
Chris P. Rader reports indirect ownership of 8,826.325 Home Bancorp shares held "By IRA." This indicates the shares are owned through an individual retirement account, separate from his directly held shares and restricted stock units reported in his direct ownership totals.
What restricted stock units are included in Chris P. Rader’s Home Bancorp (HBCP) holdings?
His holdings include restricted stock units granted under the 2014 and 2021 Incentive Plans. These RSUs, totaling several grants between 550 and 700 units each, vest 20% per year starting on May 12, 2022, with additional annual vesting dates through May 12, 2026.
Is the Form 4 transaction in Home Bancorp (HBCP) stock a buy or a sell?
The Form 4 reports a buy transaction, specifically an open-market purchase of 500 Home Bancorp common shares. The transaction is coded as "P" for purchase and increases the director’s total directly held position in the company’s common stock.