INGRAM ORRIN H II 4
Research Summary
AI-generated summary
FB Financial (FBK) Director Orrin Ingram Receives Award of 278 Shares
What Happened
Orrin H. Ingram II, a director of FB Financial Corp (FBK), was granted 278 shares on 2026-04-30 at an effective price of $54.07 per share, valued at approximately $15,031. This was an award (code A) of common stock paid in lieu of cash under the company’s Non-Employee Director Compensation Policy.
Key Details
- Transaction date and price: 2026-04-30, 278 shares at $54.07 each (total ~$15,031).
- Transaction type: Award/Grant (Form 4 code A).
- Footnote: The shares were issued in lieu of cash compensation per the issuer’s Non-Employee Director Compensation Policy (F1).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: Report filed 2026-05-04 for a 2026-04-30 transaction; this appears timely under Form 4 reporting rules (filed within two business days).
Context
Director stock awards paid in lieu of cash are routine compensation for non-employee directors and typically reflect standard pay practices rather than a direct signal about company prospects. Unlike open-market purchases or sales, such awards generally do not indicate a personal investment decision.