Investar Holding (ISTR) director awarded 1,431 RSUs in stock grant
Rhea-AI Filing Summary
Investar Holding Corp director Andrew C. Nelson reported a grant of 1,431 restricted stock units (RSUs) of common stock on 01/21/2026 at a price of $0 per share. These RSUs convert into common stock on a one-for-one basis, with 20% vesting on 1/21/2027 and the remaining units vesting in four substantially equal annual installments beginning on 1/1/2028.
Following this grant, Nelson directly beneficially owned 147,738 shares of Investar common stock. In addition, 8,786 shares of common stock are held indirectly by AJ Investment Co LLC. Nelson holds a 90% equity interest in AJ Investment Co LLC and disclaims beneficial ownership of those indirectly held shares for Section 16 purposes, except to the extent of his pecuniary interest in approximately 7,908 shares.
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FAQ
What insider transaction did Investar Holding Corp (ISTR) disclose for Andrew C. Nelson?
Investar Holding Corp disclosed that director Andrew C. Nelson received a grant of 1,431 restricted stock units (RSUs) of common stock on 01/21/2026 at a price of $0 per share. These RSUs convert into common stock on a one-for-one basis.
How do the granted RSUs to Andrew C. Nelson at Investar (ISTR) vest?
The 1,431 RSUs granted to Andrew C. Nelson will vest over time. Twenty percent of the RSUs will vest on 1/21/2027, and the remaining RSUs will vest in four substantially equal annual installments beginning on 1/1/2028.
How many Investar (ISTR) shares does Andrew C. Nelson beneficially own directly after this Form 4?
After the reported RSU grant, Andrew C. Nelson directly beneficially owned 147,738 shares of Investar Holding Corp common stock.
What indirect holdings of Investar (ISTR) stock are associated with AJ Investment Co LLC?
AJ Investment Co LLC is the direct owner of 8,786 shares of Investar common stock. Andrew C. Nelson holds an aggregate 90% equity interest in AJ Investment Co LLC, but he disclaims beneficial ownership of these shares for Section 16 purposes except to the extent of his pecuniary interest in approximately 7,908 shares.
What is the relationship of Andrew C. Nelson to Investar Holding Corp (ISTR)?
On this Form 4, Andrew C. Nelson is identified as a director of Investar Holding Corp. He is not reported as an officer or a 10% owner on this filing.
Does the Investar (ISTR) Form 4 mention dividend reinvestment shares?
Yes. The filing notes that certain holdings include shares acquired pursuant to dividend reinvestment that were not previously reported under Rule 16a-11.
How are the indirect Investar (ISTR) shares held by AJ Investment Co LLC treated for Andrew C. Nelson under Section 16?
The filing states that Andrew C. Nelson disclaims beneficial ownership of the Investar shares directly owned by AJ Investment Co LLC for purposes of Section 16, except to the extent of his pecuniary interest in approximately 7,908 shares.