Northpointe COO Joseph Long reports no share holdings
Northpointe Bancshares named its Chief Operating Officer as a reporting insider via a Form 3, with no current share holdings or transactions disclosed.
Rhea-AI Filing Summary
NORTHPOINTE BANCSHARES INC (NPB) filed an initial ownership report for Joseph B. Long, who is identified as the company’s Chief Operating Officer. The Form 3 shows no reported holdings or transactions in Northpointe Bancshares securities and notes an attached Power of Attorney as Exhibit 24.
Positive
- None.
Negative
- None.
Key Figures
Reported buy transactions: 0 transactions
Reported sell transactions: 0 transactions
Net buy/sell direction: Neutral (0 shares)
3 metrics
Reported buy transactions
0 transactions
Initial Form 3 transaction summary for Joseph B. Long
Reported sell transactions
0 transactions
Initial Form 3 transaction summary for Joseph B. Long
Net buy/sell direction
Neutral (0 shares)
No reported transactions in this Form 3
Key Terms
Form 3, Chief Operating Officer, Power of Attorney
3 terms
Form 3 regulatory
"filed an initial ownership report for Joseph B. Long"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Chief Operating Officer financial
"identified as the company’s Chief Operating Officer"
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
Power of Attorney regulatory
"notes an attached Power of Attorney as Exhibit 24"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filed for NPB disclose about Joseph B. Long?
The Form 3 for NPB identifies Joseph B. Long as the Chief Operating Officer and a reporting insider of Northpointe Bancshares. It reports no current transactions or holdings in the company’s securities for him in this filing.
Does the NPB Form 3 show any stock purchases or sales by Joseph B. Long?
No. The Form 3 for NPB shows no reported purchases, sales, or other transactions by Joseph B. Long. All transaction-related counts in the summary are zero for this initial ownership filing.
Does the NPB Form 3 mention a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 trading plan indicator is null, meaning the Form 3 predates that checkbox and does not state that any transactions are under a Rule 10b5-1 plan.
What is the significance of Exhibit 24 in the NPB Form 3?
The Form 3 notes “Exhibit 24 - Power of Attorney,” indicating a Power of Attorney is on file. This typically authorizes another person to sign or submit SEC documents on behalf of the reporting insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.