Northpointe Bancshares (NPB) director receives 2,606 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northpointe Bancshares Inc. director Robert W. De Vlieger II received a grant of 2,606 restricted stock units. These RSUs are a form of equity compensation that convert into shares of common stock on a one-for-one basis.
The RSUs vest in three approximately equal annual installments on May 13, 2027, 2028 and 2029, which encourages longer-term alignment with shareholders. This filing reflects a routine compensation-related award rather than an open-market purchase or sale of stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
De Vlieger Robert W II
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)
- 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.
Key Figures
RSUs granted: 2,606 units
Grant price: $0.0000 per unit
Post-transaction RSU holdings: 2,606 units
+2 more
5 metrics
RSUs granted
2,606 units
Restricted stock units awarded to director on May 13, 2026
Grant price
$0.0000 per unit
Equity compensation award, not a market purchase
Post-transaction RSU holdings
2,606 units
Total restricted stock units following the grant
Vesting start date
May 13, 2027
First of three annual vesting installments
Vesting schedule
2027, 2028, 2029
Three approximately equal annual installments
Key Terms
Restricted stock units, RSUs, vest, Form 4
4 terms
Restricted stock units financial
"Restricted stock units ("RSUs") convert into shares of the issuer's common stock"
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"
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.
vest financial
"The RSUs vest in three approximately equal annual installments on each of May 13, 2027, 2028 and 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.