Director at Investar Holding Corp (ISTR) granted 1,431 shares
Rhea-AI Filing Summary
Investar Holding Corp director Julio A. Melara reported an equity grant of 1,431 shares of common stock on 01/21/2026 at a price of $0 per share. This grant represents restricted stock units that convert into common stock on a one-for-one basis. According to the filing, 20% of the RSUs will vest on 01/21/2027, with the remaining units vesting in four substantially equal annual installments beginning on 01/01/2028. After this grant, Melara beneficially owns 11,903 shares directly and 2,436 shares indirectly through a 401(k) plan.
Positive
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FAQ
What did Investar Holding Corp (ISTR) disclose in this Form 4?
Investar Holding Corp disclosed that director Julio A. Melara received a grant of 1,431 shares of common stock on 01/21/2026 at a price of $0 per share, reported as an acquisition of non-derivative securities.
What is the vesting schedule for Julio A. Melaras RSUs at Investar (ISTR)?
The filing states that the grant is in the form of restricted stock units (RSUs) that convert into common stock on a one-for-one basis. Twenty percent of the RSUs vest on 01/21/2027, and the remaining RSUs vest in four substantially equal annual installments beginning on 01/01/2028.
How many Investar (ISTR) shares does Julio A. Melara own after this transaction?
After the reported transaction, Julio A. Melara beneficially owns 11,903 shares of Investar common stock directly and 2,436 shares indirectly through a 401(k) plan, as disclosed in the Form 4.
Was there any cash paid for the shares granted to the Investar director?
No cash was paid for this equity grant. The Form 4 reports the 1,431 acquired shares at a price of $0 per share, consistent with a restricted stock unit award as director compensation.
What role does Julio A. Melara hold at Investar Holding Corp (ISTR)?
According to the filing, Julio A. Melara is a director of Investar Holding Corp and is not reported as an officer or 10% owner in this Form 4.
Are there any derivative securities reported for Julio A. Melara in this Form 4?
The Table II for derivative securities in the excerpt does not list any separate derivative positions. Instead, the footnote explains that the transaction relates to RSUs that convert into common stock on a one-for-one basis.