Director-related trust trims Northpointe Bancshares (NPB) stake in $17.55 share sale

Rhea-AI Filing Summary

Northpointe Bancshares director-related trust sells shares. A trust associated with director Richard Jeffery, the Jill M Dean U/A/D November 16 2007 Trust, sold 57,619 shares of Northpointe Bancshares common stock in an open-market transaction at a price of $17.55 per share.

After this sale, the trust’s indirect holdings reported for Jeffery total 557,171 common shares. This was a single sale transaction and the filing shows no option exercises or derivative security activity, suggesting a routine portfolio move through an indirect ownership vehicle.

Insights

Bank equity and insider-transactions analyst

Director-related trust makes a moderate open-market sale while retaining a large remaining stake.

The filing shows an indirect holder, the Jill M Dean U/A/D November 16 2007 Trust, selling 57,619 shares of Northpointe Bancshares common stock at $17.55 per share. The transaction is coded as an open-market sale and involves non-derivative common shares only.

Following the sale, indirect holdings reported for director Richard Jeffery stand at 557,171 shares, so the transaction represents a relatively small portion of the disclosed position. There are no derivative positions listed, and no reference to option exercises or tax-related dispositions in this filing.

The sale is therefore best viewed as a routine liquidity event by a trust associated with the director rather than a transformative change in ownership. Future SEC ownership reports will clarify whether this pattern of moderate selling continues or remains a one-off adjustment.

SEC Form 4

FORM 4

UNITED 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

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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^*

Dean Richard Jeffery

(Last) (First) (Middle)

3333 DEPOSIT DRIVE NORTHEAST

(Street)

GRAND RAPIDS MI 49546

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NORTHPOINTE BANCSHARES INC [ NPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		S		57,619	D	$17.55	557,171	I	See footnote(1)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares of common stock held by the Jill M Dean U/A/D November 16 2007 Trust.

Remarks:

	/s/ Kevin J. Comps, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Northpointe Bancshares (NPB) report for Richard Jeffery?

Northpointe Bancshares reported that a trust associated with director Richard Jeffery sold 57,619 shares of common stock. The sale was an open-market transaction at $17.55 per share and involved indirectly held shares, not a direct personal holding.

Who actually held the Northpointe Bancshares (NPB) shares sold in this Form 4 filing?

The sold shares were held by the Jill M Dean U/A/D November 16 2007 Trust. This entity is associated with director Richard Jeffery, and the Form 4 reports the transaction as an indirect ownership event rather than a direct personal share sale.

How many Northpointe Bancshares (NPB) shares did the director-related trust sell and at what price?

The trust associated with director Richard Jeffery sold 57,619 shares of Northpointe Bancshares common stock. These shares were sold in an open-market transaction at a price of $17.55 per share, according to the Form 4 disclosure.

How many Northpointe Bancshares (NPB) shares remain indirectly held after this sale?

After the reported transaction, indirect holdings for Richard Jeffery total 557,171 shares of Northpointe Bancshares common stock. This remaining position, disclosed in the Form 4, indicates the director-related trust continues to hold a significant number of shares.

Did the Northpointe Bancshares (NPB) Form 4 include any option exercises or derivative transactions?

The Form 4 shows no derivative transactions or option exercises for Richard Jeffery. It reports only a single non-derivative open-market sale of common stock by the trust, with derivativeSummary fields empty and no exercise-related codes listed.

Is the Northpointe Bancshares (NPB) director sale considered a major ownership change?

The sale represents a portion of the director-related trust’s holdings but leaves 557,171 shares still indirectly held. Based on the remaining position disclosed, the transaction appears to be a moderate, routine sale rather than a major ownership shift.