NB Bancorp (NBBK) credit chief sells 2,000 shares
Rhea-AI Filing Summary
NB Bancorp, Inc. (NBBK) reports that EVP and Chief Credit Officer Kevin Henkin sold 2,000 shares of common stock on August 14, 2026 at $22.93 per share in an open-market or private transaction. Following this sale, he holds 6,874 direct shares, some of which are restricted stock that vest 33 1/3% per year starting February 25, 2027. He also reports indirect ownership of 5,342 shares via a 401(k) and 2,964 shares via an ESOP, with those plan-related amounts noted as transactions not required to be reported under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
3 txns
Insider
Henkin Kevin
Role
EVP, Chief Credit Officer
Sold
2,000 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,000 | $22.93 | $46K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,874 shares (Direct);
Common Stock — 5,342 shares (Indirect, By 401(k));
Common Stock — 2,964 shares (Indirect, By ESOP)
Footnotes (2)
- F1. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on February 25, 2027.
- F2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
Shares sold: 2,000 shares
Sale price per share: $22.93 per share
Direct holdings after sale: 6,874 shares
+4 more
7 metrics
Shares sold
2,000 shares
Common stock sold on August 14, 2026
Sale price per share
$22.93 per share
Price for the 2,000 common shares sold
Direct holdings after sale
6,874 shares
Direct common stock ownership following the transaction
Indirect 401(k) holdings
5,342 shares
Indirect ownership reported as held by 401(k)
Indirect ESOP holdings
2,964 shares
Indirect ownership reported as held by ESOP
Restricted stock vesting rate
33 1/3% per year
Restricted shares vesting beginning February 25, 2027
Restricted stock vesting start date
February 25, 2027
Commencement date for annual vesting of restricted stock
Key Terms
restricted stock, Section 16 of the Securities Exchange Act of 1934, 401(k), ESOP
4 terms
restricted stock financial
"Shares of restricted stock vest at a rate of 33 1/3% 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.
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
FAQ
What insider transaction did NBBK executive Kevin Henkin report on this Form 4?
Kevin Henkin reported selling 2,000 shares of NB Bancorp (NBBK) common stock on August 14, 2026 at $22.93 per share. The sale was classified as a non-derivative open-market or private transaction in common stock.
What indirect NB Bancorp (NBBK) holdings does Kevin Henkin report in this Form 4?
Kevin Henkin reports indirect ownership of 5,342 shares of NB Bancorp common stock through a 401(k) and 2,964 shares through an ESOP. These plan-related entries reflect transactions not required to be reported under Section 16.
AI-generated analysis. How Rhea-AI works. Not financial advice.
