NB Bancorp (NBBK) EVP granted 6,874 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maiona Stephanie reported acquisition or exercise transactions in this Form 4 filing.
NB Bancorp, Inc. executive Stephanie Maiona reported receiving a grant of 6,874 shares of restricted common stock. These shares vest in equal installments of 33 1/3% per year starting on February 25, 2027. Following this grant, she directly holds 6,874 shares, with additional indirect holdings through a 401(k) plan and an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Maiona Stephanie
Role
EVP, Dir CRE Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,874 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,874 shares (Direct);
Common Stock — 40,430 shares (Indirect, By 401(k))
Footnotes (1)
- Shares of restricted stock vest at a rate of 33 1/3% per year commencing on February 25, 2027. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
FAQ
What insider transaction did NB Bancorp (NBBK) report for Stephanie Maiona?
NB Bancorp reported that EVP Stephanie Maiona received a grant of 6,874 shares of restricted common stock. The award was recorded at a price of $0.00 per share and represents a non-cash equity compensation grant rather than an open-market purchase.
How do the restricted stock awards for NBBK executive Stephanie Maiona vest?
The 6,874 restricted shares granted to Stephanie Maiona vest at 33 1/3% per year starting February 25, 2027. This means the award vests in three equal annual installments, aligning long-term compensation with continued service at NB Bancorp, Inc.
Was the NB Bancorp (NBBK) insider transaction a stock purchase or an equity award?
The transaction was an equity award, not a market purchase. Stephanie Maiona received 6,874 restricted shares at a stated price of $0.00 per share, classified as a grant, award, or other acquisition under Form 4 transaction code A.
What role does Stephanie Maiona hold at NB Bancorp (NBBK) in this Form 4?
In this Form 4, Stephanie Maiona is identified as an officer of NB Bancorp, Inc. with the title "EVP, Dir CRE Banking." The reported restricted stock grant represents part of her executive compensation tied to the company’s common stock.