Spink Kevin 4

What Happened Kevin Spink, Chief Financial Officer of First Northern Community Bancorp (FNRN), was granted 7,000 restricted shares on February 18, 2026. The award is recorded at $14.70 per share, for a total grant value of $102,900. This transaction is reported as an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; Price per share: $14.70; Total value: $102,900
• Transaction type: Restricted stock award (Form 4 code A)
• Vesting: Restricted Stock Award with four-year cliff vesting or upon retirement, whichever comes first (footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing: Reported on Form 4 filed 2026-02-19 (timely filing)

Context Restricted stock awards are a common form of executive compensation intended to align management with shareholders and encourage retention. Because this is a grant with multi-year cliff vesting, it’s a compensation/retention event rather than an immediate market-direction signal.