Cochran Charles 4

What Happened Charles Cochran, EVP and Chief Commercial Banking Officer of First Northern Community Bancorp (FNRN), was granted 2,500 restricted shares on 2026-02-18. The award price is $14.70 per share, for a total value of $36,750. The transaction is reported as an acquisition via an award (transaction code A), not an open-market purchase.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-19 (timely filing).
• Shares granted: 2,500 at $14.70 each; total value $36,750.
• Vesting: Restricted stock award with four-year cliff vesting or upon retirement, whichever comes first (footnote F1).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding sale, or gift noted in the filing.

Context This was a grant of restricted stock (an acquisition/award) rather than a market purchase or sale. Grants are compensation/retention tools and do not by themselves indicate a buy or sell signal; the shares will only become transferable if/when the vesting condition is met.