FB Bancorp (NASDAQ: FBLA) CFO receives large stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FB Bancorp, Inc. Chief Financial Officer Todd M. Wanner reported equity compensation awards rather than open‑market trades. He received stock options for 137,500 shares of Common Stock at an exercise price of $13.5200 per share, expiring on March 25, 2036.
These stock options vest at a rate of 20% per year beginning on March 25, 2027. He was also granted 55,000 shares of restricted Common Stock, which vest on the same schedule of 20% annually starting March 25, 2027. Following these awards, he directly owns 63,390 shares of Common Stock, with additional indirect holdings through a 401(k) plan and an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
WANNER TODD M
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 137,500 | $0.00 | -- |
| Grant/Award | Common Stock | 55,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 137,500 shares (Direct);
Common Stock — 63,390 shares (Direct);
Common Stock — 8,441 shares (Indirect, By 401(K))
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 insider transactions did FBLA CFO Todd Wanner report on this Form 4?
Todd Wanner reported receiving equity compensation awards, not market trades. He was granted stock options and restricted shares of FB Bancorp, Inc. Common Stock on March 25, 2026, increasing his ownership position through awards approved as part of his compensation package.
How many FBLA stock options were granted to the CFO and at what price?
He received stock options for 137,500 shares of FB Bancorp, Inc. Common Stock at an exercise price of $13.5200 per share. These options give him the right to buy shares at that price until their expiration date in March 2036.
What are the vesting terms for the FBLA stock options granted to the CFO?
The stock options vest over time rather than immediately. They vest at a rate of 20% per year, starting on March 25, 2027. This structure encourages longer-term alignment, as the CFO must remain over several years to realize the full award.
When do the FBLA CFO’s stock options granted in March 2026 expire?
The options granted on March 25, 2026 carry a long-dated term. They are scheduled to expire on March 25, 2036, giving the CFO a 10-year window after grant to exercise them once they have vested according to the stated vesting schedule.