HomeTrust Bancshares (HTB) director gets 867 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jacobs Dwight L. reported acquisition or exercise transactions in this Form 4 filing.
HomeTrust Bancshares director Dwight L. Jacobs received an equity award of 867 shares of Common Stock. The filing shows this was a restricted stock award under the company’s 2022 Omnibus Incentive Plan, with 100% of the shares scheduled to vest on May 31, 2027.
After this grant, Jacobs directly holds a total of 3,746 shares of HomeTrust Bancshares common stock. The award was recorded at a price of $0.00 per share, indicating compensation in stock rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacobs Dwight L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 867 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,746 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock awarded: 867 shares
Post-transaction holdings: 3,746 shares
Award price per share: $0.00 per share
+1 more
4 metrics
Restricted stock awarded
867 shares
Restricted stock award of Common Stock to director Dwight L. Jacobs
Post-transaction holdings
3,746 shares
Total Common Stock directly held by Dwight L. Jacobs after grant
Award price per share
$0.00 per share
Grant, award, or other acquisition of restricted stock under incentive plan
Vesting date
May 31, 2027
100% of the 867 restricted shares vest on this date
Key Terms
restricted stock award, 2022 Omnibus Incentive Plan, vesting schedule, Common Stock
4 terms
restricted stock award financial
"Represents restricted stock award under Issuer's 2022 Omnibus Incentive Plan"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2022 Omnibus Incentive Plan financial
"restricted stock award under Issuer's 2022 Omnibus Incentive Plan"
vesting schedule financial
"with the following vesting schedule: 100% on May 31, 2027"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Common Stock financial
"security_title: Common Stock in the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
Was Dwight L. Jacobs’ HomeTrust (HTB) stock transaction an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 classifies it as a restricted stock award under the 2022 Omnibus Incentive Plan, with 867 shares granted at $0.00 per share as an equity-based benefit.
Which plan governs the restricted stock award reported for Dwight L. Jacobs at HomeTrust (HTB)?
The restricted stock award to Dwight L. Jacobs is governed by HomeTrust Bancshares’ 2022 Omnibus Incentive Plan. Under this plan, he received 867 restricted shares of Common Stock that are scheduled to vest in full on May 31, 2027.