Rhinebeck Bancorp (RBKB) director receives 1,624-share award and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. director William C. Irwin reported a stock award and his current equity holdings. He received a grant of 1,624 shares of Common Stock as a compensation award, increasing his direct holdings to 29,287 shares. The granted shares are restricted stock that vest in three equal annual installments of 33 1/3% per year starting on May 26, 2027. Irwin also holds fully vested stock options exercisable for 10,910 shares of Common Stock at 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
Irwin William C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,624 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,287 shares (Direct, null);
Stock Options — 10,910 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
Shares held after award: 29,287 shares
Stock option underlying shares: 10,910 shares
+4 more
7 metrics
Restricted stock grant
1,624 shares
Compensation award of Common Stock
Shares held after award
29,287 shares
Direct Common Stock holdings after grant
Stock option underlying shares
10,910 shares
Underlying Common Stock for options
Option exercise price
$6.57/share
Exercise price of fully vested options
Option expiration
August 25, 2030
Expiration date of stock options
Vesting start date
May 26, 2027
Restricted stock begins vesting
Vesting rate
33 1/3% per year
Restricted stock vests over three years
Key Terms
restricted stock, Stock Options, grant/award acquisition, exercise price, +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.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
exercise price financial
"exercisePrice": "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.
expiration date financial
"expirationDate": "2030-08-25T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Rhinebeck Bancorp (RBKB) director William C. Irwin report on this Form 4?
William C. Irwin reported receiving a grant of 1,624 shares of Common Stock as a compensation award. The filing also updates his total direct holdings and discloses his existing fully vested stock options position.
What stock options does William C. Irwin hold in Rhinebeck Bancorp (RBKB)?
Irwin holds fully vested stock options with an exercise price of $6.57 per share, linked to 10,910 underlying Common shares. These options expire on August 25, 2030, and are held directly according to the Form 4.