Home Bancorp officer sells 867 shares of stock
HOME BANCORP, INC. senior executive John J. Zollinger IV reported several equity moves.
Rhea-AI Filing Summary
HOME BANCORP, INC. senior executive John J. Zollinger IV reported several equity moves. He sold 867 shares of common stock in an open-market sale at $62.77 per share, leaving him with 7,643 directly held shares. On the prior day, 331 shares were disposed of to cover tax obligations at $63.27 per share, which is a withholding mechanism rather than an open-market sale. He also received a grant of 1,400 shares as a stock award, which is compensation rather than a cash purchase. The filing shows additional indirect holdings through an ESOP and 401(k) plan and multiple outstanding employee stock options with exercise prices between $21.99 and $45.12 that run through 2027-2031, indicating a remaining long-term equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 867 | $62.77 | $54K |
| Grant/Award | Common Stock | 1,400 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 331 | $63.27 | $21K |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (10)
- F1. Includes the grant of 1400 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.
- F2. Includes the grant of 1400 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. As of July 15, 2024, 1,120 restricted stock units remain unvested.
- F3. Includes the grant of 1590 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.
- F4. Includes the grant of 1600 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.
- F5. Includes the grant of 975 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. As of July 15, 2024, 585 restricted stock units remain unvested.
- F6. The options vest and become exercisable in five equal installments beginning May 12, 2018.
- F7. The options vest and become exercisable in five equal installments beginning May 23, 2019.
- F8. The options vest and become exercisable in five equal installments beginning May 23, 2020.
- F9. The options vest and become exercisable in five equal installments beginning March 12, 2021.
- F10. The options vest and become exercisable in five equal installments beginning May 12, 2022.
Key Figures
Key Terms
restricted stock units financial
Employee Stock Option (Right to Buy) financial
tax-withholding disposition financial
ESOP financial
401K Plan financial
2021 Incentive Plan financial
FAQ
What did HOME BANCORP (HBCP) executive John J. Zollinger IV do in this Form 4?
What equity grant did Zollinger receive from HOME BANCORP (HBCP)?
What stock options and indirect holdings does Zollinger have in HOME BANCORP (HBCP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.