[Form 4] NORTHPOINTE BANCSHARES INC Insider Trading Activity
Rhea-AI Filing Summary
Northpointe Bancshares Inc. executive reports stock and RSU transactions. The president and secretary acquired 79,696.67 shares of common stock on December 19, 2025 at a price of $0, reflecting the conversion of restricted stock units into common shares. On the same date, 34,744.67 common shares were disposed of at $17.67 per share. Following these transactions, the insider directly owned 45,952 common shares and indirectly held 6,932 shares through a 401(k) plan. A related derivative position in restricted stock units covered 79,696.67 underlying common shares and had 159,393.33 derivative securities remaining beneficially owned after the reported activity. The remaining restricted stock units are scheduled to vest in two approximately equal installments on December 19, 2026 and December 19, 2027.
Positive
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FAQ
What insider activity did NORTHPOINTE BANCSHARES INC (NPB) report in this Form 4?
The Form 4 reports that the company’s president and secretary acquired 79,696.67 shares of common stock on December 19, 2025 at $0 per share through restricted stock unit conversion, and disposed of 34,744.67 shares at $17.67 per share on the same date.
How many NORTHPOINTE BANCSHARES INC (NPB) shares does the insider own after the reported transactions?
After the reported transactions, the insider directly owned 45,952 shares of NORTHPOINTE BANCSHARES INC common stock and indirectly held 6,932 shares through a 401(k) Plan.
What happened to the restricted stock units (RSUs) in this NORTHPOINTE BANCSHARES INC (NPB) filing?
Restricted stock units converted into common stock on a one-for-one basis, with 79,696.67 RSUs vesting on December 19, 2025. After this transaction, 159,393.33 derivative securities related to RSUs remained beneficially owned.
What is the future vesting schedule for the remaining RSUs at NORTHPOINTE BANCSHARES INC (NPB)?
The remaining restricted stock units are scheduled to vest in two approximately equal installments on December 19, 2026 and December 19, 2027.
What transaction codes were used in this NORTHPOINTE BANCSHARES INC (NPB) Form 4?
The filing shows transaction code M for the acquisition of 79,696.67 common shares at $0, and code F for the disposition of 34,744.67 common shares at $17.67 per share.
What officer filed this Form 4 for NORTHPOINTE BANCSHARES INC (NPB)?
The reporting person is identified as an officer of NORTHPOINTE BANCSHARES INC, serving as President & Secretary, and the Form 4 is signed /s/ Kevin J. Comps.