MNUCHIN STEVEN T 4
4 · FLAGSTAR BANK, NATIONAL ASSOCIATION · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Flagstar (FLG) 10% Owner Steven Mnuchin Receives Restricted Stock Award
What Happened
Steven T. Mnuchin, reported as a 10% owner, was granted 9,939 restricted stock units (RSUs) in Flagstar Bank (FLG) on January 27, 2026. The units were reported at a $0 per-share acquisition price (total reported value $0) and are service-based awards that will convert into shares over time as they vest.
Key Details
- Transaction date: 2026-01-27 (Form 4 filed 2026-01-29). No indication in the filing that this was a late report.
- Transaction type/code: A — grant/award (service-based RSUs).
- Shares granted: 9,939 RSUs; reported acquisition price $0.00; total $0 reported.
- Shares owned/beneficial interest: filing discloses related entities (Liberty Purchaser) hold 74,999,994 shares; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest. See footnotes F1–F3 for details.
- Vesting: Footnote F1 states these are service-based RSUs that will vest into common stock over time.
Context
This is an equity award (not an open-market purchase or sale) and is typically part of compensation or retention. Because Mnuchin is reported as a 10% owner tied to institutional entities (see footnote F2) and disclaims direct beneficial ownership (F3), the filing reflects an award grant rather than routine personal market trading.
Insider Transaction Report
- Award
Common Stock
[F1][F3]2026-01-27+9,939→ 23,581 total
- 74,999,994(indirect: See footnotes)
Common Stock
[F2][F3]
Footnotes (3)
- [F1]Total includes service-based restricted stock units that will vest in shares of the Issuer's Common Stock over the passage of time.
- [F2]Total includes 74,999,994 shares of Common Stock held by Liberty Strategic Capital (CEN) Holdings, LLC, a Delaware limited liability company (the "Liberty Purchaser"). Liberty 77 Capital L.P. (the "Liberty Manager"), a Delaware limited partnership, is the investment manager of the members of the Liberty Purchaser and manager of the Liberty Purchaser. Liberty 77 Capital Partners L.P. (the "Liberty Manager GP"), a Delaware limited partnership, is the general partner of the Liberty Manager. Liberty Capital L.L.C., a Delaware limited liability company, is the general partner of the Liberty Manager GP. STM Partners LLC, a Delaware limited liability company, indirectly controls the Liberty Manager. Steven T. Mnuchin is the president of STM Partners LLC.
- [F3]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.