MainStreet Bancshares (MNSB) director takes 851-share equity fee grant
Rhea-AI Filing Summary
MainStreet Bancshares director Darrell Green received an equity grant instead of cash fees. On the grant date, he acquired 851 shares of Common Stock as a restricted stock award valued at $24.69 per share, based on the stock price that day.
Following this award, Green directly holds 35,556 Common Stock shares. The footnote explains that directors may elect to receive board compensation in restricted stock under the company’s equity incentive plan, and this grant reflects the fair value of stock chosen in lieu of cash fees.
Positive
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Insider Trade Summary
Net Buyer: 851 shares
Net Buy
1 txn
Insider
GREEN DARRELL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 851 | $24.69 | $21K |
Holdings After Transaction:
Common Stock — 35,556 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Restricted shares granted: 851 shares
Grant valuation price: $24.69 per share
Shares held after grant: 35,556 shares
3 metrics
Restricted shares granted
851 shares
Director equity award in lieu of cash fees
Grant valuation price
$24.69 per share
Stock price on grant date used for fair value
Shares held after grant
35,556 shares
Darrell Green direct Common Stock holdings post-transaction
Key Terms
restricted stock awards, equity incentive plan, fair value
3 terms
restricted stock awards financial
"directors may elect to receive an equivalent value of equity in restricted stock awards under the existing equity incentive plan"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
equity incentive plan financial
"directors may elect to receive an equivalent value of equity in restricted stock awards under the existing equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
fair value financial
"This amount reflects the fair value of restricted stock awards received in lieu of cash"
Fair value is an estimate of what an asset or company is really worth today, derived from expected future earnings, comparable market prices and other relevant facts—like agreeing a price for a used car after checking mileage, condition and similar listings. Investors use fair value to decide whether a stock looks overpriced or undervalued, which helps guide buy, hold or sell decisions and sets expectations for potential returns and risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
