STOCK TITAN

NORTHPOINTE BANCSHARES (NPB) director gets 2,606 RSU grant with corrected vesting

(Neutral)
(Neutral)
Form Type
4/A

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 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)
  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.
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
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.

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FAQ

What insider transaction did NORTHPOINTE BANCSHARES (NPB) report for Carrie L. Boer?

NORTHPOINTE BANCSHARES reported that director Carrie L. Boer received 2,606 restricted stock units as a compensation grant. These RSUs were awarded on May 13, 2026 and represent the right to receive 2,606 shares of common stock upon vesting.

When do Carrie L. Boer’s 2,606 RSUs at NORTHPOINTE BANCSHARES (NPB) vest?

Carrie L. Boer’s 2,606 restricted stock units vest in one annual installment on May 13, 2027. After vesting, each RSU converts into one share of NORTHPOINTE BANCSHARES common stock, increasing her direct equity stake if she holds the shares.

Is the NORTHPOINTE BANCSHARES (NPB) Form 4/A a new transaction or a correction?

The Form 4/A is an amendment filed solely to correct the vesting schedule for previously reported RSUs. It states that the restricted stock units vest on May 13, 2027, revising an inadvertent error in the original Form 4’s vesting description.

How many NORTHPOINTE BANCSHARES (NPB) RSUs does Carrie L. Boer hold after this filing?

After the reported award, Carrie L. Boer holds 2,606 restricted stock units directly. Each RSU represents a right to receive one share of NORTHPOINTE BANCSHARES common stock upon vesting, aligning her compensation with future shareholder value.

Do Carrie L. Boer’s RSUs at NORTHPOINTE BANCSHARES (NPB) have an exercise price?

The restricted stock units were granted with a price per unit of $0.00, reflecting that they are share-based awards, not options. They convert one-for-one into common stock upon vesting rather than requiring any cash payment to exercise.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Boer Carrie L

(Last)(First)(Middle)
3333 DEPOSIT DRIVE NORTHEAST

(Street)
GRAND RAPIDS MICHIGAN 49546

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NORTHPOINTE BANCSHARES INC [ NPB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/17/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted stock units(1)(1)05/13/2026A2,606 (2)(3) (2)(3)Common Stock2,606$02,606D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into shares of the issuer's common stock on a one-for-one basis.
2. The RSUs vest in one annual installment on May 13, 2027.
3. This amendment is being filed solely to correct the vesting schedule of the RSUs, which was inadvertently described incorrectly in the original Form 4.
Remarks:
/s/ Kevin J. Comps, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)