Investar Holding Corp (ISTR) director awarded 1,431 RSUs of stock
Rhea-AI Filing Summary
Investar Holding Corp director Frank L. Walker reported a stock-based compensation grant. On 1/21/2026 he received 1,431 shares of common stock at a reported price of $0, reflecting a grant of restricted stock units that convert into common shares on a one-for-one basis.
After this grant, Walker directly beneficially owns 14,225 shares of Investar common stock, in addition to 1,305 shares held indirectly through his employer's 401(k) plan. Twenty percent of the RSUs will vest on 1/21/2027, and the remaining units will vest in four substantially equal annual installments beginning on 1/1/2028, spreading the ownership benefits over several years.
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FAQ
What insider transaction did Investar Holding Corp (ISTR) report for Frank L. Walker?
Investar Holding Corp director Frank L. Walker reported an award of 1,431 shares of common stock on 1/21/2026, tied to restricted stock units that convert into common shares on a one-for-one basis.
How many Investar (ISTR) shares does Frank L. Walker own after this Form 4 transaction?
Following the reported grant, Frank L. Walker beneficially owns 14,225 shares of Investar common stock directly and 1,305 shares indirectly, which are held through his employer's 401(k) plan.
What is the vesting schedule for Frank L. Walker’s RSUs at Investar Holding Corp (ISTR)?
The filing states that 20% of the RSUs will vest on 1/21/2027. The remaining RSUs will vest in four substantially equal annual installments beginning on 1/1/2028.
What type of securities were involved in Frank L. Walker’s Investar (ISTR) grant?
The award consists of restricted stock units (RSUs) that convert into Investar common stock on a one-for-one basis, as described in the explanation of responses.
Was Frank L. Walker’s Investar (ISTR) share grant a purchase or a compensation award?
The Form 4 shows transaction code A for acquisition at a price of $0 per share and explains this as a grant of restricted stock units, indicating it is a compensation award rather than an open-market purchase.
How are Frank L. Walker’s indirect Investar (ISTR) holdings described?
The filing lists 1,305 shares of Investar common stock as indirectly owned, with the nature of ownership described as held through employer's 401(k).