Investar (ISTR) director Yegge awarded 1,431 RSUs and reports 16,565 shares
Rhea-AI Filing Summary
Investar Holding Corp director James E. Yegge reported an equity award of company stock. On 01/21/2026 he received 1,431 shares of Investar common stock at a price of $0, reflecting a grant of restricted stock units that convert into common shares on a one-for-one basis. Following this grant, he directly holds 16,565 shares of Investar common stock.
The RSUs vest over time: 20% of the units vest on 01/21/2027, and the remaining portion vests in four substantially equal annual installments beginning on 01/01/2028. In addition, an affiliated entity, AJ Investment Co LLC, is shown as the direct owner of 8,786 Investar shares. Mr. Yegge holds a 10% equity interest in this LLC and disclaims beneficial ownership of those shares for Section 16 purposes, except for an approximate 879-share pecuniary interest.
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FAQ
What insider transaction did ISTR director James E. Yegge report?
James E. Yegge reported receiving 1,431 shares of Investar Holding Corp common stock on 01/21/2026 at a price of $0. This reflects a grant of restricted stock units that settle into common stock on a one-for-one basis.
How do the new RSUs granted to James E. Yegge at ISTR vest?
The filing states that 20% 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 ISTR shares does James E. Yegge own directly after this grant?
After the 1,431-share grant, James E. Yegge is shown as directly owning 16,565 shares of Investar common stock.
What indirect Investar (ISTR) holdings are associated with AJ Investment Co LLC?
The filing reports that AJ Investment Co LLC directly owns 8,786 shares of Investar common stock. James E. Yegge holds a 10% equity interest in this LLC and disclaims beneficial ownership of those shares for Section 16 purposes, except for an approximate 879-share pecuniary interest.
Was the ISTR stock acquired in this Form 4 a purchase or an award?
The 1,431 Investar shares reported were acquired at $0 per share as part of a restricted stock unit (RSU) grant, rather than through an open-market purchase.
Does the Form 4 mention dividend reinvestment for ISTR shares?
Yes. A footnote states that the reported holdings include shares acquired pursuant to dividend reinvestment that were not previously reported under Rule 16a-11.