LINKBANCORP Insider Filing: Tax Withholding Sale and Large Derivative Holdings

Rhea-AI Filing Summary

Samuel Andrew S, CEO and Vice Chairman of LINKBANCORP, Inc. (LNKB), reported transactions on Form 4 showing a small sale and a detailed record of direct and indirect holdings. On 08/31/2025 he disposed of 918 shares of common stock; the filing explains those shares were withheld to satisfy tax withholding related to vested restricted stock. After the reported dispositions, he directly owns 58,750 shares of common stock.

The filing also discloses significant derivative holdings: 907,240 warrants exercisable at $10 and several option grants exercisable at $10 and other strike prices, plus shares and options indirectly held by his daughter and her IRA. The report clarifies vesting schedules and that he disclaims beneficial ownership of shares/options held by his daughter with whom he shares a household.

Positive

• Timely and detailed disclosure of the 08/31/2025 transaction and ownership positions, including vesting schedules and indirect holdings.
• Clarification of tax-withholding sale: 918 shares were withheld to satisfy tax obligations following restricted stock vesting, not an open-market disposition.
• Explicit disclaimers regarding beneficial ownership of shares and options held by the reporting person's daughter and her IRA.

Negative

• Disposition of 918 shares reduced the reporting person's direct holdings, though described as tax withholding.
• Large derivative exposure: 907,240 warrants exercisable at $10 and multiple option grants could result in significant future dilution if exercised.

Insights

Securities Analyst

TL;DR: Routine tax-withholding sale on vested restricted stock; substantial derivative positions remain outstanding.

The Form 4 documents a common, administrative disposition of 918 shares withheld for tax obligations following vesting. Such withholdings are routine and do not indicate a voluntary market sale. The filing highlights a notable concentrated exposure to derivative instruments, including 907,240 warrants at a $10 strike and multiple option grants totaling material potential common shares. For investors, the key takeaways are the clear vesting schedules, the extent of direct ownership (58,750 shares), and the large outstanding derivative exposure that could lead to dilution upon exercise.

Corporate Governance Expert

TL;DR: Disclosure is detailed and compliant; family household holdings are properly disclosed and disclaimers are included.

The filing provides required detail about direct and indirect holdings and explains the relationship to family beneficiaries and household members, with explicit disclaimers of beneficial ownership where applicable. Vesting timelines for restricted stock and options are documented, improving transparency around future share availability. The document appears procedurally complete and signed via power of attorney, meeting Form 4 formalities.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SAMUEL ANDREW S

(Last) (First) (Middle)

1250 CAMP HILL BYPASS

SUITE 202

(Street)

CAMP HILL PA 17011

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LINKBANCORP, Inc. [ LNKB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/31/2025		F		918(1)	D	$7.28	58,750(2)	D
Common Stock								300(3)	I	By Daughter Direct(3)
Common Stock								6,060	I	By Daughter's IRA(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$10							10/19/2020	10/19/2029	Common Stock	40,000		40,000	D
Warrants	$10							01/03/2019	01/03/2029	Common Stock	907,240		907,240	D
Stock Options	$10							06/14/2020	06/14/2029	Common Stock	7,500(4)		7,500(4)	I	By Daughter(4)
Stock Options	$7							08/31/2024	08/31/2033	Common Stock	500(5)		500(5)	I	By Daughter(5)
Stock Options	$6.58							05/23/2025	05/23/2034	Common Stock	1,000(6)		1,000(6)	I	By Daughter(6)

Explanation of Responses:

1. The 918 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.

2. Includes shares of restricted stock which vest at a rate of 20% per year commencing on August 31, 2024, restricted stock units which vest at a rate of 33.33% per year commencing on May 23, 2025, and restricted stock units which vest at a rate of 33.33% per year commencing on June 13, 2026. Also reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

3. 300 shares of restricted stock units which vest at a rate of 33.33% per year commencing on June 13, 2026 in which Mr. Samuel's daughter is the beneficiary. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of shares held by his daughter.

4. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of shares held by his daughter.

5. Stock options vest at a rate of 20% per year commencing on August 31, 2024. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.

6. Stock options vest at a rate of 20% per year commencing on May 23, 2025. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.

	/s/ Carl Lundblad, pursuant to power of attorney	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did LNKB insider Samuel Andrew S report on Form 4?

The filing reports a disposition of 918 shares on 08/31/2025 withheld for tax obligations and details his direct ownership of 58,750 shares plus multiple derivative holdings.

Why were 918 shares disposed of by the LNKB reporting person?

The Form 4 states the 918 shares represented shares issued upon vesting of restricted stock and were withheld to satisfy the reporting person's tax obligation.

How many warrants and options does the LNKB reporting person hold?

The filing discloses 907,240 warrants at a $10 strike and several stock option grants (including options for 40,000; 7,500; and other smaller amounts) exercisable at various dates and strikes.

Does Samuel Andrew S have any indirect holdings reported for LNKB (LNKB)?

Yes. The Form 4 lists indirect holdings through his daughter and her IRA (e.g., 300 restricted stock units and option holdings) and includes disclaimers that he disclaims beneficial ownership of those holdings.

Are vesting schedules disclosed in the LNKB Form 4?

Yes. The filing specifies vesting rates: restricted stock vesting at 20% per year commencing 08/31/2024 and restricted stock units vesting at 33.33% per year commencing on specified dates.