NB Bancorp EVP granted 13,749 restricted shares
Richardson Matthew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Richardson Matthew reported acquisition or exercise transactions in this Form 4 filing.
NB Bancorp, Inc. executive Matthew Richardson reported an award of common stock under the company’s equity compensation program. He received 13,749 shares of restricted common stock at a price of $0.00 per share, increasing his directly held common stock to 13,749 shares.
The restricted shares vest in stages, with 33 1/3% of the award vesting each year starting on February 25, 2027. This means the grant is intended as long‑term incentive compensation that fully vests over three years if service-based conditions are met.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,749 | $0.00 | $0.00 |
Footnotes (1)
- F1. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on February 25, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NB Bancorp (NBBK) report for Matthew Richardson?
Was the NB Bancorp (NBBK) insider transaction a stock purchase or an award?
What is the vesting schedule for Matthew Richardson’s NB Bancorp (NBBK) restricted stock?
What does the $0.00 price mean in the NB Bancorp (NBBK) Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.