Rhinebeck Bancorp COO receives 10,487-share stock grant
Rhinebeck Bancorp, Inc. Chief Operating Officer Jamie J. Bloom reported a compensation-related stock grant.
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. Chief Operating Officer Jamie J. Bloom reported a compensation-related stock grant. Bloom received 10,487 shares of Common Stock at $0.00 per share as a grant or award, bringing direct Common Stock holdings to 10,522 shares after the transaction. A footnote states these are restricted shares that vest in equal installments of 33 1/3% per year starting on May 26, 2027. The filing also shows indirect holdings of 3,999 Common shares through an ESOP, 1,410 Common shares through a 401(k), and stock options on 28,000 underlying Common shares that are fully vested with a $6.57 exercise price and an expiration date of August 25, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10,487 shares
Grant/Award
4 txns
Insider
Bloom Jamie J.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,487 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,522 shares (Direct);
Stock Options — 28,000 contracts (Direct);
Common Stock — 1,410 shares (Indirect, By 401(k));
Common Stock — 3,999 shares (Indirect, By ESOP)
Footnotes (3)
- F1. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.
- F2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
- F3. Stock options are fully vested.
Key Figures
Restricted stock grant: 10,487 shares
Direct Common Stock holding: 10,522 shares
ESOP holding: 3,999 shares
+5 more
8 metrics
Restricted stock grant
10,487 shares
Common Stock grant at $0.00 per share to COO
Direct Common Stock holding
10,522 shares
Direct ownership after the 10,487-share grant
ESOP holding
3,999 shares
Indirect Common Stock ownership via ESOP
401(k) holding
1,410 shares
Indirect Common Stock ownership via 401(k)
Stock options underlying shares
28,000 shares
Underlying Common Stock for fully vested options
Option exercise price
$6.57 per share
Exercise price of fully vested stock options
Option expiration
August 25, 2030
Expiration date of the stock options position
Vesting schedule
33 1/3% annually
Restricted stock vesting starting May 26, 2027
Key Terms
restricted stock, ESOP, 401(k), Stock Options, +1 more
5 terms
restricted stock financial
"Shares of restricted stock vest at a rate of 33 1/3% per year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Stock Options financial
"security_title: Stock Options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Section 16 regulatory
"transactions not required to be reported pursuant to Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Rhinebeck Bancorp (RBKB) COO Jamie Bloom report in this Form 4?
COO Jamie Bloom reported receiving a grant of 10,487 shares of Rhinebeck Bancorp Common Stock as compensation. The shares were issued at $0.00 per share and increase Bloom’s directly held Common Stock to 10,522 shares following the award.
What stock options on Rhinebeck Bancorp (RBKB) does Jamie Bloom have outstanding?
Bloom holds fully vested stock options tied to 28,000 underlying shares of Common Stock. These options have an exercise price of $6.57 per share and an expiration date of August 25, 2030, reflecting a long-dated equity incentive position.
What transactions are noted as not required under Section 16 for Rhinebeck Bancorp (RBKB)?
One footnote explains that certain items reflect transactions not required to be reported under Section 16 of the Securities Exchange Act of 1934. They are nevertheless included in the disclosure to present a more complete picture of Bloom’s holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
