Eagle Bancorp (NASDAQ: EGBN) CFO receives 4,086 share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newell Eric R reported acquisition or exercise transactions in this Form 4 filing.
Eagle Bancorp Inc. reported that Senior EVP and CFO Eric R. Newell received an equity award of 4,086 shares of Common Stock as a grant or award, with a stated price of $0.0000 per share. According to the footnote, this represents time-vested restricted stock units granted under the Eagle Bancorp, Inc. 2025 Equity Incentive Plan that will vest on the third anniversary of the grant date. Following this award, Newell directly holds 43,007 shares of Common Stock. This is a compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Newell Eric R
Role
Senior EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,086 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,007 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Eagle Bancorp (EGBN) report for CFO Eric R. Newell?
Eagle Bancorp reported that CFO Eric R. Newell received a grant of 4,086 shares of Common Stock. The award is structured as time-vested restricted stock units under the 2025 Equity Incentive Plan, reflecting equity-based compensation rather than an open-market share purchase.
What are the key terms of the restricted stock unit award reported by Eagle Bancorp (EGBN)?
The award consists of 4,086 time-vested restricted stock units under Eagle Bancorp’s 2025 Equity Incentive Plan. According to the filing footnote, the units vest on the third anniversary of the grant date, aligning the CFO’s compensation with longer-term company performance.
Under which plan were the Eagle Bancorp (EGBN) restricted stock units granted to the CFO?
The restricted stock units were granted under the Eagle Bancorp, Inc. 2025 Equity Incentive Plan. The footnote specifies that the 4,086-share award is time-vested and will fully vest on the third anniversary of the grant date, subject to the plan’s terms and conditions.