Investar Holding Corp (ISTR) CEO exercises options and sells stock
Rhea-AI Filing Summary
Investar Holding Corp’s Chief Executive Officer and director John J. D’Angelo reported option exercises and share sales in the company’s common stock on January 27, 2026 under a pre-established trading plan adopted on October 28, 2025.
He exercised employee stock options for 26,163 shares at an exercise price of $14.28 per share and sold 26,163 shares at a weighted average price of $28.01 per share for personal estate and tax planning purposes. A separate option exercise for 2,907 shares at $14.28 resulted in a net issuance of 947 shares, with 1,960 shares withheld to cover the exercise price and taxes.
Following these transactions, D’Angelo directly owned 240,790 shares of common stock and had additional indirect holdings of 33,935 shares through a 401(k), 2,099 shares for minor children, and 250 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option | 26,163 | $0.00 | -- |
| Exercise | Employee Stock Option | 2,907 | $0.00 | -- |
| Exercise | Common Stock | 26,163 | $14.28 | $374K |
| Exercise | Common Stock | 2,907 | $14.28 | $42K |
| Sale | Common Stock | 26,163 | $28.01 | $733K |
| Tax Withholding | Common Stock | 1,960 | $28.17 | $55K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Transaction made pursuant to a trading plan adopted by the Reporting Person on October 28, 2025. Shares were sold pursuant to a trading plan adopted by the Reporting Person on October 28, 2025. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $27.87 to $28.30 per share. The Reporting Person undertakes to provide to Investar Holding Corporation, any security holder of Investar Holding Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Sales were undertaken by the Reporting Person for personal estate and tax planning purposes. Represents a "net exercise" of outstanding stock options. The Reporting Person received 947 shares of common stock on net exercise of an option to purchase 2,907 shares of common stock. The Company withheld 1,960 shares of common stock underlying the option to satisfy the exercise price and tax withholding obligations. The option vested in five equal annual installments beginning on March 1, 2017 and is currently exercisable as to all 29,070 shares.