MainStreet Bancshares (MNSB) bank president reports tax withholding stock move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MainStreet Bancshares, Inc. President of MainStreet Bank, Hersiburane Abdulhamid, reported a tax-related share disposition and updated holdings. On February 20, 2026, he disposed of 1,314 shares of common stock at $20.36 per share in a tax-withholding disposition, meaning shares were surrendered to cover tax obligations rather than sold in an open-market trade. After this transaction, he directly owned 33,502 common shares. He also indirectly owned 11,157 common shares through a 401(k) plan. A prior award on February 20, 2024 granted 8,367 unvested shares under the 2019 Equity Incentive Plan, which will vest over a three-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hersiburane Abdulhamid
Role
President, MainSteet Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,314 | $20.36 | $27K |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Common Stock | 8,367 | $22.65 | $190K |
Holdings After Transaction:
Common Stock — 33,502 shares (Direct);
Common Stock — 11,157 shares (Indirect, By 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did MNSB executive Hersiburane Abdulhamid report?
Hersiburane Abdulhamid reported a tax-withholding disposition of 1,314 MainStreet Bancshares common shares at $20.36 per share. This transaction satisfied tax obligations related to equity compensation rather than representing an open-market sale to third-party buyers.
What prior equity award to Abdulhamid is referenced in the MNSB Form 4?
The data references a February 20, 2024 grant of 8,367 common shares as an award under the 2019 Equity Incentive Plan. These shares are unvested and scheduled to vest over a three-year period, subject to plan terms.