FB Bancorp (FBLA) COO awarded 100,000 options and 40,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Baker Randall L reported acquisition or exercise transactions in this Form 4 filing.
FB Bancorp, Inc. Chief Operating Officer Randall L. Baker reported equity compensation awards. He received 100,000 stock options to buy common stock at $13.52 per share and a separate grant of 40,000 shares of common stock as restricted stock. Both the options and restricted shares vest in 20% increments each year starting on March 25, 2027, aligning his compensation with long-term company performance. Following these awards, he also reports indirect holdings of common stock through an IRA, 401(k), and ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Baker Randall L
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 100,000 | $0.00 | -- |
| Grant/Award | Common Stock | 40,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 100,000 shares (Direct);
Common Stock — 40,000 shares (Direct);
Common Stock — 6,500 shares (Indirect, By IRA)
Footnotes (1)
- Shares of restricted stock vest at a rate of 20% per year commencing on March 25, 2027. Reflect transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. Stock options vest at a rate of 20% per year commencing on March 25, 2027.
FAQ
What equity awards did FBLA executive Randall L. Baker receive?
Randall L. Baker, Chief Operating Officer of FB Bancorp, Inc., received 100,000 stock options at an exercise price of $13.52 and 40,000 restricted shares of common stock. These are compensation awards, not open-market purchases or sales, and are intended to align incentives with company performance.
How do Randall L. Baker’s new FBLA stock options vest?
The 100,000 FB Bancorp stock options granted to Randall L. Baker vest at 20% per year, beginning on March 25, 2027. This creates a five-year vesting schedule, encouraging longer-term retention and performance before all options become fully exercisable.
What is the vesting schedule for Randall L. Baker’s FBLA restricted stock?
Randall L. Baker’s 40,000 restricted shares of FB Bancorp common stock vest at a rate of 20% per year starting on March 25, 2027. This means the shares become fully vested over five years, tying his compensation to ongoing service and company results.
What is the exercise price and expiration for Randall L. Baker’s FBLA options?
The 100,000 FB Bancorp stock options granted to Randall L. Baker have an exercise price of $13.52 per share and expire on March 25, 2036. He can only benefit from these options if the stock trades above the exercise price before expiration.
Does the FBLA Form 4 show indirect holdings for Randall L. Baker?
Yes. In addition to directly held awards, Randall L. Baker reports indirect holdings of FB Bancorp common stock through an IRA, a 401(k) account, and an ESOP. These entries reflect shares held in retirement and employee ownership plans associated with his employment.