Home Bancorp (HBCP) COO receives 1,400 RSUs and reports tax withholding
Rhea-AI Filing Summary
HOME BANCORP, INC. Senior Executive Vice President and Chief Operations Officer Mark C. Herpin reported routine equity compensation and related tax withholding transactions in common stock.
He received a grant of 1,400 restricted stock units at a stated price of $0.00 per share under the 2021 Incentive Plan, classified as an acquisition. A separate disposition of 91 shares at $63.27 per share was made as a tax-withholding transaction, not an open-market sale. Following these transactions, he directly holds 4,839 shares of common stock and indirectly holds 93.8615 shares through an ESOP.
Footnotes show additional previously granted restricted stock units totaling 1,640 and 2,000 units under the same plan, each vesting in 20% annual installments starting on May 12, 2026 and June 12, 2025, with settlement only in common stock.
Positive
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Insights
Routine equity awards and tax withholding, no open-market trading.
SEVP and COO Mark C. Herpin reported a grant of 1,400 restricted stock units at $0.00 per share under the 2021 Incentive Plan, alongside a 91-share tax-withholding disposition at $63.27 per share. These are standard compensation and tax events rather than discretionary market trades.
The filing indicates 4,839 common shares held directly after the transactions and 93.8615 shares held indirectly via an ESOP. Footnotes also describe prior RSU grants of 1,640 and 2,000 units with 20% annual vesting beginning on May 12, 2026 and June 12, 2025. With no open-market purchases or sales and no derivative positions reported, this looks like routine ongoing equity-based compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 91 | $63.27 | $6K |
| holding | Common Stock | -- | -- | -- |
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 1,640 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 Includes the grant of 2,000 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 June 12, 2025 and that may be settled only in shares of the Issuer's common