Rhinebeck Bancorp (RBKB) director granted 1,624 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rhinebeck Bancorp director Freddimir Garcia reported a stock-based compensation grant. He received 1,624 shares of restricted Common Stock at no cash cost, increasing his direct common share holdings to 4,798.
The restricted shares vest in three equal installments of 33 1/3% per year starting on May 26, 2027. Garcia also holds fully vested stock options covering 16,365 shares of Common Stock with an exercise price of $6.57 per share, expiring on August 25, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Garcia Freddimir
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,624 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,798 shares (Direct, null);
Stock Options — 16,365 shares (Direct, null)
Footnotes (1)
- Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027. Stock options are fully vested.
Key Figures
Restricted stock grant: 1,624 shares
Direct common holdings after grant: 4,798 shares
Option exercise price: $6.57 per share
+3 more
6 metrics
Restricted stock grant
1,624 shares
Common Stock award to director on May 26, 2026
Direct common holdings after grant
4,798 shares
Total direct Common Stock owned by Garcia after transaction
Option exercise price
$6.57 per share
Stock options on Common Stock held by Garcia
Underlying shares for options
16,365 shares
Common Stock covered by fully vested stock options
Option expiration date
August 25, 2030
Expiration of stock options on Common Stock
Restricted stock vesting start
May 26, 2027
First vesting date; 33 1/3% annually thereafter
Key Terms
restricted stock, Stock Options, exercise price, fully vested, +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.
Stock Options financial
"Stock Options on Common Stock with an exercise price of $6.57"
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.
exercise price financial
"exercise price of 6.5700 with expiration date 2030-08-25"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"Stock options are fully vested."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Freddimir Garcia report for RBKB?
Freddimir Garcia reported receiving 1,624 shares of restricted Common Stock in Rhinebeck Bancorp as a grant. This is a stock-based compensation award, not an open-market purchase, and it increased his direct common share holdings to 4,798.
Does the RBKB Form 4 show any open-market buying or selling by Garcia?
The Form 4 shows a grant of 1,624 restricted shares to Freddimir Garcia at a price of $0.00 per share. This is a grant or award acquisition, not an open-market buy or sell transaction in Rhinebeck Bancorp stock.
What stock options does Freddimir Garcia hold in Rhinebeck Bancorp?
Garcia holds fully vested stock options linked to 16,365 Rhinebeck Bancorp common shares. These options carry an exercise price of $6.57 per share and are scheduled to expire on August 25, 2030, if not exercised earlier.
Are Garcia’s Rhinebeck Bancorp stock options vested according to the filing?
Yes. A footnote states that the reported Rhinebeck Bancorp stock options are fully vested. This means Garcia can exercise the options for 16,365 underlying common shares at the stated $6.57 per share exercise price until their 2030 expiration.