Director Neelagaru of HomeTrust (HTB) awarded 867 restricted shares vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neelagaru Narasimhulu reported acquisition or exercise transactions in this Form 4 filing.
HomeTrust Bancshares director Narasimhulu Neelagaru received a grant of 867 shares of restricted common stock at no cost. These shares were awarded under the company’s 2022 Omnibus Incentive Plan and are scheduled to vest 100% on May 31, 2027. Following the grant, he holds 224,941 shares directly and 1,153,312 shares indirectly through Infinity Trust, reflecting compensation-related equity rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Neelagaru Narasimhulu
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 867 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 224,941 shares (Direct, null);
Common Stock — 1,153,312 shares (Indirect, By Infinity Trust)
Footnotes (1)
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Key Figures
Restricted stock award: 867 shares
Award price: $0.0000 per share
Vesting date: May 31, 2027
+2 more
5 metrics
Restricted stock award
867 shares
Grant of common stock as equity compensation
Award price
$0.0000 per share
Grant, award, or other acquisition under incentive plan
Vesting date
May 31, 2027
100% of restricted stock award vests on this date
Direct holdings after grant
224,941 shares
Total directly owned common stock following transaction
Indirect holdings after grant
1,153,312 shares
Indirect ownership through Infinity Trust
Key Terms
restricted stock award, 2022 Omnibus Incentive Plan, indirect ownership
3 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"
indirect ownership financial
"total_shares_following_transaction 1153312.0000, ownership_type indirect, By Infinity Trust"
FAQ
What insider transaction did HTB director Narasimhulu Neelagaru report?
Director Narasimhulu Neelagaru reported receiving a grant of 867 restricted shares of HomeTrust Bancshares common stock. The award was made at no cost as equity compensation under the 2022 Omnibus Incentive Plan, rather than through an open-market stock purchase.
Is Neelagaru’s Form 4 transaction in HTB stock a purchase or compensation award?
The Form 4 reflects a compensation-related grant, not an open-market purchase. Neelagaru received 867 restricted shares at a price of $0.0000 per share as an equity award under the 2022 Omnibus Incentive Plan, classified as a grant or award acquisition.