Rhinebeck Bancorp director awarded 1,624 shares
Rhinebeck Bancorp, Inc. director Donald E. Beeler Jr. reported a grant of 1,624 shares of Common Stock at no cost, increasing his direct holdings to 3,211 shares of common stock.
Rhea-AI Filing Summary
Rhinebeck Bancorp, Inc. director Donald E. Beeler Jr. reported a grant of 1,624 shares of Common Stock at no cost, increasing his direct holdings to 3,211 shares of common stock. The shares are restricted stock that vest in equal installments of 33 1/3% per year starting on May 26, 2027, meaning they become fully his over three years.
He also reports a continuing position in stock options linked to 16,365 shares of Common Stock with an exercise price of $6.57 per share, expiring on August 25, 2030. These stock options are fully vested, so they are currently exercisable under the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,624 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
Footnotes (2)
- F1. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on May 26, 2027.
- F2. Stock options are fully vested.
Key Figures
Key Terms
restricted stock financial
Stock Options financial
exercise price financial
fully vested financial
FAQ
What did Rhinebeck Bancorp (RBKB) director Donald Beeler report on this Form 4?
What are the vesting terms of the restricted stock granted to RBKB director Beeler?
What stock options position does Donald Beeler report in Rhinebeck Bancorp (RBKB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.