National Bank Holdings (NBHC) CEO receives 33,326-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LANEY G. TIMOTHY reported acquisition or exercise transactions in this Form 4 filing.
National Bank Holdings Corp reported that Chief Executive Officer Timothy G. Laney received a grant of 33,326 shares of restricted common stock at no cash cost, as compensation for services. These shares vest in three equal installments on April 28, 2027, April 28, 2028, and April 28, 2029, contingent on his continued service. After this award, he directly holds 695,464 common shares, including 449,721 restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LANEY G. TIMOTHY
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,326 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 695,464 shares (Direct)
Footnotes (1)
- These shares represent an award of restricted common stock of Issuer awarded under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan and will vest ratably on April 28, 2027, April 28, 2028, and April 28, 2029, subject to the associate's continued service through the applicable vesting date. This transaction represents a grant of restricted stock by the Issuer. Therefore, no consideration other than the value of services rendered was paid. Includes 449,721 shares of restricted common stock.
FAQ
What insider transaction did NBHC disclose for CEO Timothy G. Laney?
NBHC disclosed that CEO Timothy G. Laney received a grant of 33,326 shares of restricted common stock. The award was granted as compensation for services and did not involve any cash payment by Laney, reflecting standard equity-based executive compensation practices at the company.
Under which plan was the NBHC CEO’s restricted stock award granted?
The restricted stock award was granted under the National Bank Holdings Corporation 2023 Omnibus Incentive Plan. This plan provides for equity-based awards, such as restricted stock, intended to align executive compensation with the company’s long-term performance and service requirements.