NORTHPOINTE BANCSHARES (NPB) director gets 2,606 RSU grant with corrected vesting
Rhea-AI Filing Summary
NORTHPOINTE BANCSHARES director Carrie L. Boer reported a compensation grant of 2,606 restricted stock units. The RSUs were awarded on May 13, 2026 and will vest in a single installment on May 13, 2027. Each RSU converts into one share of common stock. This Form 4 amendment is filed solely to correct the previously reported vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boer Carrie L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 2,606 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 2,606 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into shares of the issuer's common stock on a one-for-one basis. The RSUs vest in one annual installment on May 13, 2027. This amendment is being filed solely to correct the vesting schedule of the RSUs, which was inadvertently described incorrectly in the original Form 4.
Key Figures
RSU grant size: 2,606 RSUs
Post-grant RSU holdings: 2,606 RSUs
RSU conversion ratio: 1 RSU : 1 share
+2 more
5 metrics
RSU grant size
2,606 RSUs
Restricted stock units granted on May 13, 2026
Post-grant RSU holdings
2,606 RSUs
Total restricted stock units held following transaction
RSU conversion ratio
1 RSU : 1 share
Each RSU converts into one share of common stock
RSU vesting date
May 13, 2027
Single annual vesting installment for the RSUs
Grant price per RSU
$0.00
Compensation award, not an option with exercise price
Key Terms
Restricted stock units, RSUs, vesting schedule
3 terms
Restricted stock units financial
"Restricted stock units convert into shares of the issuer's common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The RSUs vest in one annual installment on May 13, 2027."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting schedule financial
"This amendment is being filed solely to correct the vesting schedule of the RSUs."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
AI-generated analysis. How Rhea-AI works. Not financial advice.