Monroe Federal Bancorp (MFBI) CEO receives new stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monroe Federal Bancorp, Inc. President & CEO Renollet Lewis reported receiving new equity awards. On January 26, 2026, he was granted 3,948 shares of common stock at no cost and stock options for 13,160 shares with an exercise price of $11.79 per share.
The restricted stock and options each vest at a rate of 20% per year starting January 26, 2027. After these grants, Lewis directly holds 3,948 common shares and 13,160 options, and is also shown with indirect beneficial ownership of shares held by an IRA, spouse, and an ESOP account.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Renollet Lewis R.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 13,160 | $0.00 | -- |
| Grant/Award | Common Stock | 3,948 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 13,160 shares (Direct);
Common Stock — 3,948 shares (Direct);
Common Stock — 20,000 shares (Indirect, By IRA)
Footnotes (1)
- Shares of restricted stock vest at a rate of 20% per year commencing on January 26, 2027. Reflect transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. Stock options vest at a rate of 20% per year commencing on January 26, 2027.
FAQ
What insider transaction did MFBI President & CEO Renollet Lewis report?
Renollet Lewis reported new equity compensation in Monroe Federal Bancorp, Inc. stock. He received 3,948 restricted common shares at no cost and stock options covering 13,160 common shares on January 26, 2026, as part of his role as President, CEO and director.
What stock options were granted to the MFBI CEO in this Form 4?
The CEO received stock options on 13,160 shares of Monroe Federal Bancorp common stock. The options have an exercise price of $11.79 per share, were granted January 26, 2026, and have an expiration date of January 26, 2036, subject to a multi-year vesting schedule.
What is the vesting schedule for the MFBI CEO’s restricted stock and options?
Both the restricted stock and stock options vest at 20% per year. Vesting begins on January 26, 2027, meaning each year another 20% of the granted shares and options become exercisable or fully owned, spreading vesting over multiple years to encourage long-term alignment.
What role does Renollet Lewis hold at Monroe Federal Bancorp (MFBI)?
Renollet Lewis is identified as both a director and an officer of Monroe Federal Bancorp, Inc. He serves specifically as President and Chief Executive Officer, which explains why his equity compensation, including restricted stock and stock options, is disclosed in this insider ownership report.