LINKBANCORP CRO reports tax withholding share event
LINKBANCORP, Inc. Chief Risk Officer Catherine Eisel reported a compensation-related tax withholding event.
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Form Type
4
Rhea-AI Filing Summary
LINKBANCORP, Inc. Chief Risk Officer Catherine Eisel reported a compensation-related tax withholding event. On the Form 4, 1,429 shares of common stock at $8.71 per share were disposed of as shares withheld to satisfy her tax obligation on vested restricted stock, not an open‑market sale. After this withholding, she directly holds 7,066 common shares and stock options over 5,000 shares exercisable at $6.58 per share, while additional common stock is held indirectly through her spouse and spouse’s IRA.
Insider Trade Summary
Exercise Price or Tax Liability: 1,429 shares
Exercise Price or Tax Liability
4 txns
Insider
Eisel Catherine
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,429 | $8.71 | $12K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,066 shares (Direct);
Stock Options — 5,000 contracts (Direct);
Common Stock — 23,643 shares (Indirect, By Spouse's IRA);
Common Stock — 7,800 shares (Indirect, By Spouse)
Footnotes (3)
- F1. The 1,429 shares of common stock disposed of represent a portion of the shares issued to the reporting person upon vesting of restricted stock. The shares disposed of were withheld to satisfy the reporting person's tax obligation.
- F2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3. Stock options vest at a rate of 20% per year commencing on May 23, 2025.
Key Figures
Tax-withheld shares: 1,429 shares
Withholding price: $8.71 per share
Direct shares after transaction: 7,066 shares
+4 more
7 metrics
Tax-withheld shares
1,429 shares
Shares withheld to satisfy tax obligation on vested restricted stock
Withholding price
$8.71 per share
Value used for 1,429 tax-withheld common shares
Direct shares after transaction
7,066 shares
Direct LINKBANCORP common stock held by Catherine Eisel
Spouse indirect holding
7,800 shares
Common stock held indirectly through spouse
Spouse IRA holding
23,643 shares
Common stock held indirectly through spouse’s IRA
Option exercise price
$6.58 per share
Exercise price of stock options over 5,000 underlying shares
Option underlying shares
5,000 shares
Common shares underlying stock options expiring in 2035
Key Terms
restricted stock, Stock options, tax obligation, Section 16 of the Securities Exchange Act of 1934
4 terms
restricted stock financial
"shares of common stock disposed of represent a portion of the shares issued to the reporting person upon vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock options financial
"Stock options vest at a rate of 20% per year commencing on May 23, 2025."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
tax obligation financial
"The shares disposed of were withheld to satisfy the reporting person's tax obligation."
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LNKB Chief Risk Officer Catherine Eisel report?
Catherine Eisel reported a tax-related share disposition, where 1,429 LINKBANCORP common shares were withheld to cover taxes on vested restricted stock. This was recorded as a Form 4 event and is not an open‑market stock sale.
What does the Form 4 say about Catherine Eisel’s spouse’s LINKBANCORP holdings?
The Form 4 shows indirect ownership through her spouse and spouse’s IRA. One line reports 7,800 LINKBANCORP common shares held by her spouse and another reports 23,643 common shares held by her spouse’s IRA, both categorized as indirect ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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