STOCK TITAN

[Form 4] MainStreet Bancshares, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

MainStreet Bancshares director Darrell Green received 793 restricted shares on 10/01/2025 in lieu of cash board fees under the company’s equity incentive plan. The shares were valued at $20.83 each on the grant date and increased his reported beneficial ownership to 33,317 shares held directly. The Form 4 shows the grant was a non-derivative award reported as an acquisition and includes an explanatory note that directors may elect restricted stock instead of cash. The filing was signed by an attorney-in-fact for the reporting person.

Il direttore di MainStreet Bancshares, Darrell Green, ha ricevuto 793 azioni vincolate il 01/10/2025 in substituzione dei compensi in contanti per il consiglio, ai sensi del piano di incentivi azionari dell'azienda. Le azioni sono state valutate a 20,83 $ ciascuna al momento dell'assegnazione e hanno aumentato la sua titolarità beneficiaria riportata a 33.317 azioni detenute direttamente. Il Form 4 mostra che l'assegnazione era un premio non derivativo riportato come acquisizione e include una nota esplicativa secondo cui i direttori possono optare per azioni vincolate invece che per contanti. La pratica è stata firmata da un procuratore della persona che segnala.

El director Darrell Green de MainStreet Bancshares recibió 793 acciones restringidas el 01/10/2025 en lugar de efectivo por las tarifas de la junta, conforme al plan de incentivos de acciones de la empresa. Las acciones se valoraron en $20,83 cada una en la fecha de la concesión y aumentaron su titularidad beneficiosa reportada a 33.317 acciones que mantiene directamente. El Formulario 4 indica que la concesión fue una ganancia no derivada reportada como adquisición e incluye una nota explicativa de que los directores pueden optar por acciones restringidas en lugar de efectivo. La presentación fue firmada por un apoderado de la persona que informa.

MainStreet Bancshares의 이사 Darrell Green은 2025년 10월 1일 현금 이사회 수수료 대신 793주의 제한 주를 받았습니다. 이는 회사의 주식 인센티브 계획에 따른 것입니다. 부여일 기준 주당 미화 20.83달러로 가치가 평가되었고, 직접 보유한 유익한 소유권은 33,317주로 증가했습니다. Form 4에는 이 부여가 파생상품이 아닌 취득으로 보고된 비파생 보상임이 표시되어 있으며, 이사회가 현금 대신 제한 주를 선택할 수 있다는 설명 주석이 포함되어 있습니다. 보고인은 보고 당사자를 대신해 대리인이 서명했습니다.

Le administrateur de MainStreet Bancshares, Darrell Green, a reçu 793 actions restreintes le 01/10/2025 en lieu et place de frais de conseil en numéraire dans le cadre du plan d’incitation à l’action de la société. Les actions valaient 23,05 $ chacune au moment de l’attribution et ont porté sa participation bénéficiaire déclarée à 33 317 actions détenues directement. Le Formulaire 4 indique que l’attribution était une récompense non dérivée déclarée comme une acquisition et comprend une note explicative selon laquelle les administrateurs peuvent choisir des actions restreintes plutôt que de l’argent. Le document a été signé par un mandataire de la personne déclarante.

Der MainStreet Bancshares-Direktor Darrell Green erhielt am 01.10.2025 793 eingeschränkte Aktien statt Bargeldhonorar im Rahmen des Aktieneinreizungsplans des Unternehmens. Die Aktien wurden zum Gewährungsdatum mit je 20,83 USD bewertet und erhöhten seine gemeldete wirtschaftliche Eigentümerschaft auf 33.317 Aktien, die er direkt hält. Das Formular 4 zeigt, dass es sich bei der Zuteilung um eine nicht-derivative Zuwendung handelt, die als Erwerb gemeldet wird, und enthält eine erläuternde Anmerkung, dass Direktoren statt Bargeld auch eingeschränkte Aktien wählen können. Die Einreichung wurde von einem Bevollmächtigten der meldenden Person unterzeichnet.

نال داريل غرين، مدير في MainStreet Bancshares، 793 سهماً مقيداً في 01/10/2025 بدلاً من أجر المجلس النقدي وفقاً لخطة حوافز الأسهم التابعة للشركة. وقد قُدّرت الأسهم عند تاريخ المنح بـ 20.83 دولاراً لكل سهم وارتفعت ملكيته المفيدة المعلنة إلى 33,317 سهماً يحتفظ بها مباشرة. يُظهر النموذج 4 أن المنحة كانت مكافأة غير مشتقة مُعلَنة كاستحواذ، ويتضمن ملاحظة تفسيرية تفيد بأن المدراء يمكنهم اختيار الأسهم المقيدة بدلاً من النقد. وتم توقيع الملف من قبل وكيل عن الشخص المبلغ عنه.

MainStreet Bancshares 董事 Darrell Green 于 2025-10-01 获得 793 股受限股,以代替现金董事会费用,符合公司的股权激励计划。授予日每股价值为 20.83 美元,使其报告的实际受益所有权增加至 33,317 股直接持有。表格 4 显示该授予为非衍生品奖励,作为取得进行披露,并包含一条解释性说明,董事可以选择受限股票而非现金。该申报由代表申报人签署的代理律师签字。< /p>

Positive
  • Director compensation aligned with shareholders via restricted stock election
  • Transparent disclosure of share count, price ($20.83), and total beneficial ownership (33,317 shares)
Negative
  • None.

Insights

TL;DR Director received stock compensation rather than cash, modestly increasing direct ownership and aligning pay with shareholder outcomes.

The transaction is a routine director compensation election: 793 restricted shares were granted at a fair value of $20.83 per share, raising direct beneficial ownership to 33,317 shares. This is a non-derivative equity grant reported under Section 16. From a financial perspective, the economic impact on the company is likely immaterial given the small share count relative to a typical public float, and it primarily signals governance alignment rather than a strategic change.

TL;DR Routine governance practice: director elected equity for fees, improving alignment with shareholders without indicating compensation concern.

The Form 4 discloses a standard practice where directors can elect restricted stock in lieu of cash fees under the equity incentive plan. The report documents 793 shares granted and shows direct ownership of 33,317 shares post-transaction. There are no indications of accelerated vesting, derivative instruments, or indirect holdings reported. This is a common governance tool to tie director incentives to long-term company performance.

Il direttore di MainStreet Bancshares, Darrell Green, ha ricevuto 793 azioni vincolate il 01/10/2025 in substituzione dei compensi in contanti per il consiglio, ai sensi del piano di incentivi azionari dell'azienda. Le azioni sono state valutate a 20,83 $ ciascuna al momento dell'assegnazione e hanno aumentato la sua titolarità beneficiaria riportata a 33.317 azioni detenute direttamente. Il Form 4 mostra che l'assegnazione era un premio non derivativo riportato come acquisizione e include una nota esplicativa secondo cui i direttori possono optare per azioni vincolate invece che per contanti. La pratica è stata firmata da un procuratore della persona che segnala.

El director Darrell Green de MainStreet Bancshares recibió 793 acciones restringidas el 01/10/2025 en lugar de efectivo por las tarifas de la junta, conforme al plan de incentivos de acciones de la empresa. Las acciones se valoraron en $20,83 cada una en la fecha de la concesión y aumentaron su titularidad beneficiosa reportada a 33.317 acciones que mantiene directamente. El Formulario 4 indica que la concesión fue una ganancia no derivada reportada como adquisición e incluye una nota explicativa de que los directores pueden optar por acciones restringidas en lugar de efectivo. La presentación fue firmada por un apoderado de la persona que informa.

MainStreet Bancshares의 이사 Darrell Green은 2025년 10월 1일 현금 이사회 수수료 대신 793주의 제한 주를 받았습니다. 이는 회사의 주식 인센티브 계획에 따른 것입니다. 부여일 기준 주당 미화 20.83달러로 가치가 평가되었고, 직접 보유한 유익한 소유권은 33,317주로 증가했습니다. Form 4에는 이 부여가 파생상품이 아닌 취득으로 보고된 비파생 보상임이 표시되어 있으며, 이사회가 현금 대신 제한 주를 선택할 수 있다는 설명 주석이 포함되어 있습니다. 보고인은 보고 당사자를 대신해 대리인이 서명했습니다.

Le administrateur de MainStreet Bancshares, Darrell Green, a reçu 793 actions restreintes le 01/10/2025 en lieu et place de frais de conseil en numéraire dans le cadre du plan d’incitation à l’action de la société. Les actions valaient 23,05 $ chacune au moment de l’attribution et ont porté sa participation bénéficiaire déclarée à 33 317 actions détenues directement. Le Formulaire 4 indique que l’attribution était une récompense non dérivée déclarée comme une acquisition et comprend une note explicative selon laquelle les administrateurs peuvent choisir des actions restreintes plutôt que de l’argent. Le document a été signé par un mandataire de la personne déclarante.

Der MainStreet Bancshares-Direktor Darrell Green erhielt am 01.10.2025 793 eingeschränkte Aktien statt Bargeldhonorar im Rahmen des Aktieneinreizungsplans des Unternehmens. Die Aktien wurden zum Gewährungsdatum mit je 20,83 USD bewertet und erhöhten seine gemeldete wirtschaftliche Eigentümerschaft auf 33.317 Aktien, die er direkt hält. Das Formular 4 zeigt, dass es sich bei der Zuteilung um eine nicht-derivative Zuwendung handelt, die als Erwerb gemeldet wird, und enthält eine erläuternde Anmerkung, dass Direktoren statt Bargeld auch eingeschränkte Aktien wählen können. Die Einreichung wurde von einem Bevollmächtigten der meldenden Person unterzeichnet.

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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GREEN DARRELL

(Last) (First) (Middle)
10089 FAIRFAX BLVD

(Street)
FAIRFAX VA 22030

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MainStreet Bancshares, Inc. [ MNSB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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 10/01/2025 A 793(1) A $20.83 33,317 D
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
Explanation of Responses:
1. In lieu of cash fees, directors may elect to receive an equivalent value of equity in restricted stock awards under the existing equity incentive plan. This amount reflects the fair value of restricted stock awards received in lieu of cash based upon the stock price on the date of grant.
/s/ Richard A. Vari, attorney-in-fact 10/01/2025
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MNSB director Darrell Green report on Form 4?

He acquired 793 restricted shares on 10/01/2025 in lieu of cash fees, increasing his direct ownership to 33,317 shares.

At what price were the restricted shares valued on the grant date?

$20.83 per share (fair value used for the restricted stock award).

Why were the shares issued to the director instead of cash?

Directors may elect restricted stock awards in lieu of cash fees under the issuer's existing equity incentive plan.

Does the Form 4 show any derivative transactions for the reporting person?

No. Table II for derivative securities contains no reported transactions.

Who signed the Form 4 filing for the reporting person?

Richard A. Vari, attorney-in-fact, signed the form on 10/01/2025.
Mainstreet Bancshares Inc

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