WBHC director granted 10,000 options at $79; vesting starts 2026
Wilson Bank Holding Co. (WBHC) reported an insider equity award.
Rhea-AI Filing Summary
Wilson Bank Holding Co. (WBHC) reported an insider equity award. Director Michael Maynard received a non‑qualified stock option for 10,000 shares at an exercise price of $79 per share on 11/12/2025.
The option vests in five equal installments beginning 11/12/2026 and expires on 11/12/2035. The filing lists ownership as Direct. This is a routine Form 4 disclosure of an equity grant and does not represent an immediate share purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine director option grant; staggered vesting, long-dated expiry.
WBHC disclosed a grant of 10,000 non-qualified stock options to Director Michael Maynard at an exercise price of $79 on 11/12/2025. This is standard board compensation and does not involve cash movement or immediate issuance of common shares.
The option vests in five equal tranches starting 11/12/2026 and expires on 11/12/2035, aligning incentives over a multi‑year period. Any dilution would occur only upon exercise at or before expiry.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option | 10,000 | $79.00 | $790K |
Footnotes (1)
- F1. This non-qualified stock option becomes exercisable in 5 equal installments beginning on 11/12/2026.
FAQ
What did WBHC disclose in this Form 4?
What is the exercise price of the WBHC options?
When was the option granted to the WBHC director?
How do the WBHC options vest?
When do the WBHC options expire?
Is the ownership direct or indirect?
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