STOCK TITAN

Director at Northpointe Bancshares (NPB) receives 2,606 restricted stock unit grant

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

Rhea-AI Filing Summary

Northpointe Bancshares Inc. director Rodney E. Hood received a grant of 2,606 restricted stock units (RSUs). These RSUs are a form of equity compensation that convert into shares of the company’s common stock on a one-for-one basis.

The 2,606 RSUs vest in three approximately equal annual installments on each of May 13, 2027, May 13, 2028, and May 13, 2029, subject to the applicable award terms. Following this grant, Hood holds 2,606 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Hood Rodney E.
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 Grant to director Rodney E. Hood
Grant price per RSU $0.00 Equity award, non-cash grant
Underlying common shares 2,606 shares One-for-one RSU to common stock conversion
Post-grant RSU holdings 2,606 units Total RSUs following the reported transaction
Vesting schedule start May 13, 2027 First of three approximately equal annual installments
Vesting schedule end May 13, 2029 Final annual installment of RSU vesting
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.
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.
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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*
Hood Rodney E.

(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 Rodney E. Hood?

Northpointe Bancshares reported that director Rodney E. Hood received a grant of 2,606 restricted stock units. These RSUs are equity-based compensation that can convert into common shares, aligning his interests with shareholders over the vesting period.

How many restricted stock units were granted to the Northpointe Bancshares (NPB) director?

Rodney E. Hood was granted 2,606 restricted stock units. Each RSU represents the right to receive one share of Northpointe Bancshares common stock, subject to vesting conditions and the terms of the company’s equity compensation plan.

When do Rodney E. Hood’s Northpointe Bancshares (NPB) RSUs vest?

The 2,606 RSUs granted to Rodney E. Hood vest in three approximately equal annual installments. The vesting dates are May 13, 2027, May 13, 2028, and May 13, 2029, assuming applicable service or other award conditions are met.

What does a restricted stock unit (RSU) grant mean for Northpointe Bancshares (NPB) insiders?

A restricted stock unit grant gives an insider the right to receive common shares in the future. For Northpointe Bancshares, Hood’s 2,606 RSUs convert one-for-one into common stock as they vest, serving as non-cash, equity-linked compensation over several years.

Did Rodney E. Hood buy or sell Northpointe Bancshares (NPB) shares in this Form 4?

This Form 4 reports an award of 2,606 restricted stock units to Rodney E. Hood, not an open-market purchase or sale. The RSUs were granted at a stated price of $0.00 as part of his compensation, with future conversion into common shares upon vesting.