Home BancShares (NASDAQ: HOMB) CLO receives 30,000 restricted shares in equity grant
Rhea-AI Filing Summary
Home BancShares Inc. insider filing shows an equity grant to a senior executive. President and CLO Kevin Hester received 30,000 shares of restricted common stock on January 16, 2026 at a price of $0, reflecting an equity compensation award rather than an open-market purchase. Following this grant, he beneficially owns 105,000 shares of restricted stock, plus additional performance-based and unrestricted common stock holdings.
The filing also notes existing awards that vest over time. Restricted stock granted on May 13, 2024 vests in 25% installments over four years, and restricted stock granted on January 16, 2026 vests in 33 1/3% installments over three years, each beginning on the first anniversary of the grant date. Performance-based stock and options from a 2018 award are tied to a performance goal that was met on March 31, 2021, with vesting and exercisability occurring in scheduled installments thereafter.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock - Restricted Stock | 30,000 | $0.00 | -- |
| holding | Performance Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Common Stock - Performance Based | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted Stock granted on May 13, 2024 will vest in 25% installments over four years beginning on the first anniversary of the award date. Restricted Stock granted on January 16, 2026 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. The reporting person had 25,000 shares of restricted stock vest since the last filing. The Performance Stock awarded on July 19, 2018 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021 and the stock began vesting on March 31, 2024. The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021. Therefore, the first installment became exercisable on March 31, 2022. The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.
FAQ
What insider transaction did HOMB report for Kevin Hester on January 16, 2026?
The filing reports that President and CLO Kevin Hester received an award of 30,000 shares of restricted common stock of Home BancShares Inc. on January 16, 2026, recorded at a price of $0 per share as an equity compensation grant.
How do Kevin Hester’s 2024 and 2026 HOMB restricted stock grants vest?
Restricted stock granted on May 13, 2024 vests in 25% installments over four years beginning on the first anniversary of the award date. Restricted stock granted on January 16, 2026 vests in 33 1/3% installments over three years, also beginning on the first anniversary of the award date.
What are the vesting terms for Kevin Hester’s HOMB performance stock and options from 2018?
The performance stock awarded on July 19, 2018 vests in 33 1/3% installments over three years beginning on the third anniversary of the date the performance goal is met. The goal was met on March 31, 2021, and vesting began on March 31, 2024. The related Performance Stock Option from the same date is exercisable in five equal annual installments starting on the first anniversary after the goal was met, with the first installment exercisable on March 31, 2022.