NB Bancorp director reports tax share disposition
NB Bancorp, Inc. director Christopher R. Lynch reported routine share updates, including a tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
NB Bancorp, Inc. director Christopher R. Lynch reported routine share updates, including a tax-related share disposition. On April 24, 2026, 4,150 shares of common stock were disposed of at $19.82 per share to cover tax obligations, a non-market “F” code transaction. After this, he held 92,772 common shares directly and 60,000 shares indirectly through an IRA. Footnotes note that his holdings include restricted stock that vests 20% per year starting April 24, 2026 and additional restricted stock vesting 100% on January 2, 2027.
Insider Trade Summary
Exercise Price or Tax Liability: 4,150 shares
Exercise Price or Tax Liability
2 txns
Insider
Lynch Christopher R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,150 | $19.82 | $82K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 92,772 shares (Direct);
Common Stock — 60,000 shares (Indirect, By IRA)
Footnotes (2)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 24, 2026.
- F2. Includes shares of restricted stock which vest 100% on January 2, 2027.
Key Figures
Tax-withholding shares: 4,150 shares
Tax-withholding price: $19.82 per share
Direct holdings after transaction: 92,772 shares
+3 more
6 metrics
Tax-withholding shares
4,150 shares
Common Stock, code F disposition on April 24, 2026
Tax-withholding price
$19.82 per share
Value applied to 4,150-share tax-withholding disposition
Direct holdings after transaction
92,772 shares
Common Stock directly owned following April 24, 2026 event
Indirect holdings via IRA
60,000 shares
Common Stock held indirectly by IRA as of April 24, 2026
Restricted stock vesting start
April 24, 2026
Restricted stock vests 20% per year commencing on this date
Single-date vesting
January 2, 2027
Restricted stock tranche vests 100% on this date
Key Terms
tax-withholding disposition, restricted stock, Common Stock, IRA
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code entry"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Common Stock financial
"security_title: "Common Stock" for both reported entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
IRA financial
"nature_of_ownership: "By IRA" for the indirect holdings entry"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NB Bancorp (NBBK) report for Christopher R. Lynch?
NB Bancorp director Christopher R. Lynch reported a Form 4 transaction where 4,150 common shares were disposed of on April 24, 2026 as a tax-withholding event at $19.82 per share, rather than an open-market sale, reflecting routine tax settlement.
Was the NB Bancorp (NBBK) Form 4 transaction an open-market sale?
No, the Form 4 shows a code “F” transaction, which is a tax-withholding disposition. Shares were delivered at $19.82 per share to satisfy tax obligations, not sold in the open market, making this a routine administrative event rather than a discretionary sale.
What restricted stock vesting schedule is disclosed for NB Bancorp (NBBK) director Lynch?
The filing notes that some of Christopher R. Lynch’s holdings are restricted stock that vest 20% per year beginning April 24, 2026. Additional restricted stock is scheduled to vest 100% on January 2, 2027, affecting when he fully gains access to those shares.
How are indirect NB Bancorp (NBBK) holdings reported for Christopher R. Lynch?
The Form 4 reports 60,000 NB Bancorp common shares held indirectly by Christopher R. Lynch through an IRA. This indirect ownership is indicated with an “I” code and the nature-of-ownership description “By IRA,” distinguishing it from his directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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