Home Bancorp (HBCP) banking officer trims stake, gets stock grant
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 867 shares ($54,422)
Net Sell
10 txns
Insider
Zollinger John J. IV
Role
SEVP, Chief Banking Officer
Sold
867 shs ($54K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 867 | $62.77 | $54K |
| Grant/Award | Common Stock | 1,400 | $0.00 | -- |
| Tax Withholding | 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,643 shares (Direct, null);
Employee Stock Option (Right to Buy) — 750 shares (Direct, null);
Common Stock — 1,481.33 shares (Indirect, 401K Plan)
Footnotes (1)
- 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. 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. 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. 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. 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. The options vest and become exercisable in five equal installments beginning May 12, 2018. The options vest and become exercisable in five equal installments beginning May 23, 2019. The options vest and become exercisable in five equal installments beginning May 23, 2020. The options vest and become exercisable in five equal installments beginning March 12, 2021. The options vest and become exercisable in five equal installments beginning May 12, 2022.
Key Figures
Open-market sale: 867 shares at $62.77
Direct holdings after sale: 7,643 shares
Tax withholding shares: 331 shares at $63.27
+5 more
8 metrics
Open-market sale
867 shares at $62.77
Common Stock sale on May 13, 2026
Direct holdings after sale
7,643 shares
Common Stock directly owned post-transaction
Tax withholding shares
331 shares at $63.27
F-code tax-withholding disposition on May 12, 2026
Stock grant
1,400 shares
A-code grant/award at $0.00 per share
Option strike price
$21.99
Employee stock option expiring March 12, 2030
Option strike price
$36.77
Employee stock option expiring May 12, 2031
Underlying option shares
1,000 shares
Common Stock underlying 2031 option grant
Underlying option shares
800 shares
Common Stock underlying 2030 option grant
Key Terms
restricted stock units, Employee Stock Option (Right to Buy), tax-withholding disposition, ESOP, +2 more
6 terms
restricted stock units financial
"Includes the grant of 1400 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.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) with underlying Common Stock"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
ESOP financial
"nature_of_ownership: ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401K Plan financial
"nature_of_ownership: 401K Plan"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
2021 Incentive Plan financial
"pursuant to the Issuer's 2021 Incentive Plan that vest in equal installments"
FAQ
What did HOME BANCORP (HBCP) executive John J. Zollinger IV do in this Form 4?
John J. Zollinger IV reported an open-market sale of common stock, a tax-withholding share disposition, and a stock award grant. These transactions adjust his mix of directly held shares, compensation equity, and tax obligations without eliminating his ongoing equity exposure.
What equity grant did Zollinger receive from HOME BANCORP (HBCP)?
He received 1,400 shares of common stock as a grant with a zero dollar price per share. Footnotes explain this is part of restricted stock unit awards under the 2021 Incentive Plan that vest in equal annual installments and settle only in common shares.
What stock options and indirect holdings does Zollinger have in HOME BANCORP (HBCP)?
Zollinger reports several employee stock options on HOME BANCORP common shares with exercise prices from $21.99 to $45.12 expiring between 2027 and 2031, plus indirect common stock holdings through an ESOP and a 401(k) plan.