INGRAM ORRIN H II 4
Research Summary
AI-generated summary
FB Financial (FBK) Director Orrin H. Ingram II Receives Award
What Happened
Orrin H. Ingram II, a director of FB Financial Corp (FBK), received an award of 1,329 restricted stock units (RSUs) on May 22, 2026. The filing reports an acquisition at $0.00 (typical for awards/grants rather than a purchase), and the RSUs vest on April 30, 2027 under the company's Non-Employee Director Compensation Policy. This is a compensation award to a director, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-22; reported on Form 4 filed 2026-05-27.
- Amount: 1,329 RSUs; reported price $0.00 (award/grant).
- Vesting: RSUs vest on April 30, 2027 (per footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Award granted pursuant to issuer’s Non‑Employee Director Compensation Policy.
- Filing timeliness: No late-filing flag provided in the supplied data.
Context
RSUs are a form of deferred compensation that convert to shares (or cash tied to share value) upon vesting; they do not represent an immediate cash purchase or sale and therefore should not be read as a direct buy/sell signal. Director RSU grants are common as part of non-employee director pay and align compensation with shareholder value over the vesting period.