Rhinebeck Bancorp (RBKB) director receives 1,624-share stock grant and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. director Steven E. Howell reported a compensation-related stock award rather than an open-market trade. He received 1,624 shares of common stock at no cost, increasing his directly held common stock to 6,624 shares. These shares are restricted and will vest in three equal annual installments beginning on May 26, 2027. Howell also reports indirect ownership of 5,000 common shares through a 401(k) plan and holds fully vested stock options covering 16,365 shares of common stock at an exercise price of $6.57 per share, expiring in 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Howell Steven E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,624 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,624 shares (Direct, null);
Stock Options — 16,365 shares (Direct, null);
Common Stock — 5,000 shares (Indirect, By 401(k))
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 stock after grant: 6,624 shares
Indirect 401(k) holdings: 5,000 shares
+4 more
7 metrics
Restricted stock grant
1,624 shares
Common Stock award, transaction code A
Direct common stock after grant
6,624 shares
Direct ownership following transaction
Indirect 401(k) holdings
5,000 shares
Common Stock held indirectly by 401(k)
Stock options underlying shares
16,365 shares
Underlying common stock for options
Option exercise price
$6.57 per share
Stock Options on Common Stock
Option expiration
August 25, 2030
Expiration date of stock options
Vesting schedule start
May 26, 2027
Restricted stock vests 33 1/3% annually
Key Terms
restricted stock, Stock Options, exercise price, indirect ownership, +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 are fully vested."
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
"conversion_or_exercise_price": "6.5700""
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.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By 401(k)""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Steven E. Howell report at Rhinebeck Bancorp (RBKB)?
Director Steven E. Howell reported receiving 1,624 shares of Rhinebeck Bancorp common stock as a grant at no cost. The award is compensation-related rather than an open-market purchase, and increases his directly held common stock position reported in this Form 4 filing.
What stock options does Steven E. Howell report holding in Rhinebeck Bancorp (RBKB)?
Howell reports fully vested stock options linked to 16,365 Rhinebeck Bancorp common shares. These options carry an exercise price of $6.57 per share and have an expiration date of August 25, 2030, as detailed in the derivative holdings section.
Are Steven E. Howell’s reported Rhinebeck Bancorp (RBKB) transactions open-market buys or sells?
The filing shows no open-market purchases or sales. Instead, Howell reports a grant of 1,624 restricted shares at no cost and existing holdings, including indirect 401(k) shares and fully vested stock options, without any buy or sell codes.
What indirect holdings in Rhinebeck Bancorp (RBKB) does Steven E. Howell disclose?
Howell discloses indirect ownership of 5,000 shares of Rhinebeck Bancorp common stock. These shares are held through a 401(k) plan, as indicated by the indirect ownership code and the “By 401(k)” nature-of-ownership description in the Form 4 data.