Investar (NASDAQ: ISTR) COO awarded 4,563 RSUs, 1,517 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Crochet Linda M
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,517 | $27.50 | $42K |
| Grant/Award | Common Stock | 4,563 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,712 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 1,517 shares at $27.50
RSU grant size: 4,563 restricted stock units
Post-transaction holdings: 29,275 shares
3 metrics
Tax-withholding shares
1,517 shares at $27.50
Shares delivered to cover tax obligations on 2026-04-01
RSU grant size
4,563 restricted stock units
Equity award converting one-for-one into common stock
Post-transaction holdings
29,275 shares
Common stock directly owned after reported transactions
Key Terms
restricted stock units, tax-withholding disposition, grant, award, or other acquisition
3 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
"transaction_action": "tax-withholding disposition""
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
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Investar (ISTR) report for Linda M. Crochet?
Investar reported that COO Linda M. Crochet received a grant of 4,563 restricted stock units and had 1,517 shares withheld to cover tax obligations. These entries reflect routine equity compensation rather than open-market buying or selling.
Was the Investar (ISTR) insider transaction an open-market sale or purchase?
The filing shows no open-market sale or purchase. Instead, it records a 4,563-share restricted stock grant and a 1,517-share tax-withholding disposition, where shares were delivered to satisfy tax obligations related to the equity award.
What are the vesting terms of the restricted stock units granted to the Investar COO?
The 4,563 restricted stock units granted to the COO vest in equal increments on the anniversary dates over the following five years. Each unit converts into one share of Investar common stock as vesting occurs, aligning compensation with long-term company performance.