4Filed May 7, 8:00 PM ET

Commercial Bancgroup (CBK) Director Alan C. Neely Receives RSU Award

$CBK · Commercial Bancgroup, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Commercial Bancgroup (CBK) Director Alan C. Neely Receives RSU Award

What Happened
Alan C. Neely, a director of Commercial Bancgroup, Inc. (CBK), was granted 836 restricted stock units (RSUs) on May 8, 2026. The award was recorded at $0.00 per unit (a standard RSU grant—no cash paid). Each RSU represents a contingent right to receive one share of common stock when settled.

Key Details

  • Transaction date: 2026-05-08; transaction type: Award/Grant (code A) of 836 RSUs at $0.00.
  • Vesting: The RSUs vest 100% on the date of the issuer’s 2027 annual meeting of shareholders (per footnote).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Plan: Granted under the Commercial Bancgroup, Inc. 2025 Omnibus Incentive Plan.
  • Filing timeliness: Reported on 2026-05-08 (same date as the transaction), indicating a timely filing in this record.

Context
RSUs are a compensation award that convert into actual shares only upon vesting and settlement; they are not an immediate market purchase or sale. Such awards are routine for directors and executives as part of pay and retention programs and do not, by themselves, indicate a buy/sell decision in the open market.