Investar COO gets 4,563-share stock grant
Investar Holding Corp Chief Operations Officer Linda M. Crochet reported compensation-related stock activity.
Rhea-AI Filing Summary
Investar Holding Corp Chief Operations Officer Linda M. Crochet reported compensation-related stock activity. She received a grant of 4,563 restricted stock units that convert into common stock on a one-for-one basis, vesting in equal increments on the anniversary dates over the next five years.
On the same date, 1,517 shares of common stock were disposed of as a tax-withholding transaction at $27.50 per share to cover obligations tied to the award. After these transactions, she directly owned 29,275 shares of Investar common stock, reflecting a routine equity compensation event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,517 | $27.50 | $42K |
| Grant/Award | Common Stock | 4,563 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units that convert into common stock on a one-for-one basis. Vesting occurs in equal increments on the anniversary dates for the following five years.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Investar (ISTR) report for Linda M. Crochet?
Was the Investar (ISTR) insider transaction an open-market sale or purchase?
What are the vesting terms of the restricted stock units granted to the Investar COO?
AI-generated analysis. How Rhea-AI works. Not financial advice.