STOCK TITAN

Northpointe Bancshares (NPB) director granted 2,606 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Northpointe Bancshares director Rajeev Kumar Chaudhary received a grant of 2,606 restricted stock units (RSUs). These RSUs convert into 2,606 shares of Northpointe Bancshares common stock on a one-for-one basis.

The RSUs vest in three approximately equal annual installments on May 13 of 2027, 2028 and 2029. This is a compensation-related equity award rather than an open-market share purchase or sale, and following this grant he holds 2,606 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Chaudhary Rajeev Kumar
Role null
Type Security Shares Price Value
Grant/Award Restricted stock units 2,606 $0.00 --
Holdings After Transaction: Restricted stock units — 2,606 shares (Direct, null)
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 three approximately equal annual installments on each of May 13, 2027, 2028 and 2029.
RSUs granted 2,606 units Restricted stock units granted on May 13, 2026
Underlying common shares 2,606 shares One-for-one conversion into common stock
Vesting schedule 3 annual installments Vesting on May 13, 2027, 2028 and 2029
Post-grant RSU holdings 2,606 units Total RSUs following this transaction
Restricted stock units financial
"Restricted stock units ("RSUs") 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 three approximately equal annual installments on each of May 13, 2027, 2028 and 2029."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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*
Chaudhary Rajeev Kumar

(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)

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) (2)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 three approximately equal annual installments on each of May 13, 2027, 2028 and 2029.
Remarks:
/s/ Kevin J. Comps, Attorney-in-Fact06/17/2026
** 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)

FAQ

What insider transaction did Northpointe Bancshares (NPB) report for Rajeev Kumar Chaudhary?

Northpointe Bancshares reported that director Rajeev Kumar Chaudhary received a grant of 2,606 restricted stock units. These RSUs are a form of equity compensation that can convert into 2,606 shares of common stock on a one-for-one basis.

How many restricted stock units were granted to the NPB director?

The director received 2,606 restricted stock units. Each RSU represents the right to receive one share of Northpointe Bancshares common stock, subject to vesting conditions over several years as described in the filing’s footnotes.

When do Rajeev Kumar Chaudhary’s Northpointe Bancshares RSUs vest?

The RSUs vest in three approximately equal annual installments on May 13 of 2027, 2028 and 2029. Vesting means the director earns the right to receive the underlying common shares over this multi-year schedule.

Is the Northpointe Bancshares Form 4 transaction a market purchase or sale?

No, the Form 4 shows a grant of restricted stock units as compensation, not a market trade. The transaction code is “A,” indicating a grant, award or other acquisition rather than an open-market buy or sell transaction.

What does one-for-one RSU conversion mean for NPB shares?

One-for-one conversion means each restricted stock unit converts into one share of Northpointe Bancshares common stock. When RSUs vest and settle, the director can receive the same number of common shares as the number of RSUs granted.