Director Alan Jeffrey Sweet receives 221-share stock award at NATIONAL BANKSHARES (NKSH)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sweet Alan Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
NATIONAL BANKSHARES INC director Alan Jeffrey Sweet reported a grant of 221 shares of Common Stock as a time-based stock award. The award carries a price of $0.00 per share and will vest on the one-year anniversary of the grant. Following this grant, he directly holds 9,642 shares of Common Stock and has an additional 42 shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sweet Alan Jeffrey
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 221 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,642 shares (Direct);
Common Stock — 42 shares (Indirect, by Spouse)
Footnotes (1)
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Key Figures
Stock award size: 221 shares
Award price: $0.00 per share
Direct holdings after grant: 9,642 shares
+2 more
5 metrics
Stock award size
221 shares
Time-based Common Stock award to director Alan Jeffrey Sweet
Award price
$0.00 per share
Grant, award, or other acquisition of Common Stock
Direct holdings after grant
9,642 shares
Common Stock directly owned by Alan Jeffrey Sweet after transaction
Indirect spouse holdings
42 shares
Common Stock reported as indirectly owned by spouse
Vesting period
One year
Time-based stock award vests on one-year anniversary
Key Terms
time-based stock award, indirect, grant, award, or other acquisition
3 terms
time-based stock award financial
"Grant of time-based stock award. The award will vest on the one-year anniversary."
indirect financial
"total_shares_following_transaction: 42.0000, ownership_type: indirect, nature_of_ownership: by Spouse"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What are the terms of the time-based stock award reported for NKSH?
The time-based stock award to Alan Jeffrey Sweet covers 221 shares of NATIONAL BANKSHARES Common Stock at $0.00 per share. According to the disclosure, the award will vest on the one-year anniversary of the grant date, subject to its time-based vesting condition.