Investar CEO gets stock grant, shares for tax
Investar Holding Corp Chief Executive Officer John J. D'Angelo reported compensation-related equity changes in company common stock.
Rhea-AI Filing Summary
Investar Holding Corp Chief Executive Officer John J. D'Angelo reported compensation-related equity changes in company common stock. He received 16,324 restricted stock units that convert into common shares on a one-for-one basis, vesting in equal installments on the anniversary dates over the next five years. To cover tax obligations, 4,158 shares were disposed of at $27.50 per share as a tax-withholding mechanism rather than an open-market sale. Following these transactions, he directly owns 252,956 common shares, with additional indirect holdings of 35,486 shares in a 401(k), 2,099 shares held for his children, and 250 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
D'Angelo John J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,158 | $27.50 | $114K |
| Grant/Award | Common Stock | 16,324 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 252,956 shares (Direct);
Common Stock — 35,486 shares (Indirect, 401(k));
Common Stock — 2,099 shares (Indirect, Children);
Common Stock — 250 shares (Indirect, Spouse)
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
Restricted stock units granted: 16,324 units
Tax-withheld shares: 4,158 shares at $27.50
Direct common shares after: 252,956 shares
+3 more
6 metrics
Restricted stock units granted
16,324 units
RSUs converting one-for-one into common stock, vesting over five years
Tax-withheld shares
4,158 shares at $27.50
Shares delivered to satisfy tax liability on equity award
Direct common shares after
252,956 shares
Direct ownership following grant and tax-withholding disposition
401(k) indirect holdings
35,486 shares
Indirect ownership via 401(k) plan after reported date
Children’s indirect holdings
2,099 shares
Indirect ownership reported as held for children
Spouse’s indirect holdings
250 shares
Indirect ownership reported as held by spouse
Key Terms
restricted stock units, tax-withholding disposition, grant, award, or other acquisition, 401(k), +1 more
5 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."
401(k) financial
"nature_of_ownership: 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
indirect ownership financial
"ownership_type: indirect with nature_of_ownership Children and Spouse."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Investar (ISTR) CEO John J. D'Angelo report in this Form 4?
He reported a grant of restricted stock units and related tax withholding. The filing shows equity compensation in the form of RSUs plus shares disposed solely to cover tax obligations, along with updated direct and indirect common stock holdings.
How many restricted stock units did the Investar (ISTR) CEO receive?
He received 16,324 restricted stock units that convert into common stock on a one-for-one basis. These units vest in equal increments on the anniversary dates for the following five years, creating a multi-year, stock-based compensation structure.
What indirect Investar (ISTR) holdings are reported for the CEO?
The filing lists 35,486 shares held through a 401(k), 2,099 shares held for his children, and 250 shares held by his spouse. These positions are reported as indirect ownership interests in Investar common stock associated with the CEO.
How do the restricted stock units for Investar (ISTR) vest over time?
The restricted stock units vest in equal increments on the anniversary dates for the following five years. Each vested unit converts into one share of Investar common stock, aligning the CEO’s compensation with the company’s long-term performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
