Investar (NASDAQ: ISTR) deputy CFO awarded 1,818 shares, 463 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Investar Holding Corp deputy chief financial officer Corey E. Moore reported compensation-related stock transactions. He received a grant of 1,818 shares of common stock at no cost, structured as restricted stock units that convert into common shares on a one-for-one basis.
On the same date, 463 shares were disposed of to satisfy tax obligations at a price of $27.50 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Moore directly owned 8,649 shares of Investar common stock. The restricted stock units vest in equal increments on each anniversary date over the next five years.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Moore Corey E
Role
Deputy Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 463 | $27.50 | $13K |
| Grant/Award | Common Stock | 1,818 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,831 shares (Direct)
Footnotes (1)
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Key Figures
Stock grant: 1,818 shares
Tax-withholding shares: 463 shares
Tax-withholding price: $27.50 per share
+2 more
5 metrics
Stock grant
1,818 shares
Restricted stock units converting 1-for-1 into common stock
Tax-withholding shares
463 shares
Disposed to cover tax liability at $27.50 per share
Tax-withholding price
$27.50 per share
Value used for 463-share tax-withholding disposition
Post-transaction holdings
8,649 shares
Common stock directly owned after all reported transactions
Vesting period
5 years
RSUs vest in equal increments on each anniversary for five years
Key Terms
restricted stock units, tax-withholding disposition, grant, award, or other acquisition, vesting
4 terms
restricted stock units financial
"Grant of restricted stock units that convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
vesting financial
"Vesting occurs in equal increments on the anniversary dates for the following five years."
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.
FAQ
What insider transactions did Investar (ISTR) report for Corey E. Moore?
Investar reported that deputy CFO Corey E. Moore received a grant of 1,818 common shares and had 463 shares withheld to cover taxes. Following these compensation-related transactions, he directly held 8,649 shares of Investar common stock.
What are Corey E. Moore's Investar (ISTR) holdings after these transactions?
After the reported Form 4 transactions, deputy CFO Corey E. Moore directly owned 8,649 shares of Investar common stock. This figure reflects both the 1,818-share stock grant and the 463-share tax-withholding disposition reported for the same transaction date.
How do the restricted stock units for Investar (ISTR) vest for the deputy CFO?
The restricted stock units granted to Corey E. Moore convert into common stock on a one-for-one basis. Vesting occurs in equal increments on the anniversary dates for the following five years, creating a multi-year incentive and retention structure tied to his ongoing service.
Is the Investar (ISTR) Form 4 a market buy or sell by the deputy CFO?
The Form 4 reflects a stock award and tax withholding, not an open-market trade. Moore received 1,818 shares as a grant and 463 shares were used to satisfy tax obligations, so there is no traditional market purchase or sale in this filing.