NB Bancorp (NBBK) director reports 2,402-share restricted stock grant
Rhea-AI Filing Summary
NB Bancorp director Raza Muhammad reported receiving an award of 2,402 shares of NB Bancorp, Inc. common stock on January 2, 2026, coded as an acquisition at a price of $0. These shares are restricted stock that vest 100% on January 2, 2027.
After this award, he beneficially owns 77,639 shares of common stock directly, which include shares of restricted stock that vest at a rate of 20% per year starting April 24, 2026. He also reports indirect beneficial ownership of 3,706 shares held by an IRA.
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FAQ
What insider transaction did NB Bancorp (NBBK) disclose in this Form 4?
The filing shows that director Raza Muhammad acquired 2,402 shares of NB Bancorp, Inc. common stock on January 2, 2026, at a price of $0, reported as an acquisition of restricted stock.
How many NB Bancorp (NBBK) shares does Raza Muhammad own after this transaction?
Following the reported transaction, Raza Muhammad beneficially owns 77,639 shares of NB Bancorp common stock directly and 3,706 shares indirectly through an IRA.
What are the vesting terms of the 2,402 restricted shares reported for NB Bancorp (NBBK)?
The 2,402 newly acquired shares are restricted stock that vest 100% on January 2, 2027, according to the disclosure.
Are there other restricted NB Bancorp (NBBK) shares included in Raza Muhammad’s holdings?
Yes. The direct holding of 77,639 shares includes restricted stock that vests 20% per year, commencing on April 24, 2026.
How are indirect NB Bancorp (NBBK) holdings reported for Raza Muhammad?
The filing shows 3,706 shares of NB Bancorp common stock held indirectly, reported as owned "By IRA", indicating they are held in an IRA account.
What role does the reporting person have at NB Bancorp (NBBK)?
The reporting person, Raza Muhammad, is identified as a director of NB Bancorp, Inc. and is not listed as an officer or 10% owner in this filing.