Director at Home Federal (HFBL) exercises options, now holds 56,772 shares
Rhea-AI Filing Summary
Home Federal Bancorp, Inc. of Louisiana director Mark Malloy exercised stock options to acquire 2,000 shares of common stock at an exercise price of $11.86 per share. Following the transaction, he directly holds 56,772 common shares and continues to own additional stock options and indirect holdings.
After this exercise, Malloy still has stock options linked to 12,000 underlying shares at a $15.17 exercise price and 5,000 underlying shares at an $11.79 exercise price, with expirations in 2035 and 2034. Footnotes note 5,000 granted shares vesting 20% annually from December 18, 2026, and 1,822 shares held jointly by his spouse with her parents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
6 txns
Insider
HARRISON MARK MALLOY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $11.86 | $24K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 33,000 shares (Direct);
Common Stock — 56,772 shares (Direct);
Common Stock — 5,466 shares (Indirect, By IRA);
Common Stock — 1,822 shares (Indirect, By Spouse)
Footnotes (5)
- F1. Includes 5,000 shares granted pursuant to the Issuer's 2025 Stock Incentive Plan that are vesting ratably over five years at 20% per year commencing on December 18, 2026.
- F2. The 1,822 shares are held jointly by the reporting person's spouse with her parents.
- F3. The options vested at a rate of 20% per year commencing November 11, 2021, and were fully vested and exercisable as of November 11, 2025.
- F4. The options are vesting at a rate of 20% per year commencing on December 18, 2026.
- F5. The options are vesting at a rate of 20% per year commencing on July 24, 2025.
Key Figures
Options exercised: 2,000 shares
Exercise price: $11.86 per share
Direct common shares: 56,772 shares
+5 more
8 metrics
Options exercised
2,000 shares
Stock options exercised into common stock on March 20, 2026
Exercise price
$11.86 per share
Exercise price for 2,000 options converted to common stock
Direct common shares
56,772 shares
Direct HFBL common stock holdings after transactions
Indirect IRA holdings
5,466 shares
Common stock held indirectly through an IRA
Indirect spouse-related holdings
1,822 shares
Shares held by spouse jointly with her parents
Remaining options 2035
12,000 underlying shares at $15.17
Stock options expiring December 18, 2035
Remaining options 2034
5,000 underlying shares at $11.79
Stock options expiring July 24, 2034
Post-exercise derivative position
16,000 underlying shares
Total underlying shares from remaining stock options
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vesting, +2 more
6 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with underlying Common Stock"
exercise price financial
"conversion_or_exercise_price: "11.8600" and "15.1700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2035-12-18T00:00:00.000Z" for remaining options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"shares granted vesting ratably over five years at 20% per year"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
IRA financial
"nature_of_ownership: "By IRA" for indirect common stock holdings"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
2025 Stock Incentive Plan financial
"5,000 shares granted pursuant to the Issuer's 2025 Stock Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HFBL director Mark Malloy report in this Form 4 filing?
Mark Malloy reported exercising stock options to acquire 2,000 shares of Home Federal Bancorp common stock at an $11.86 exercise price. The filing also updates his direct and indirect shareholdings and discloses remaining option awards with future vesting schedules and expiration dates.