CARTER KEVIN T 4
Research Summary
AI-generated summary
Virginia National (VABK) Director Kevin T. Carter Receives Award
What Happened
- Director Kevin T. Carter received a restricted stock award of 1,100 shares on January 30, 2026. The shares were awarded at a reported price of $0.00 (grant value reported as $0). This is an awarded grant (transaction code A) — a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; Filing date: 2026-02-03 (filed within the typical two-business-day window).
- Shares granted: 1,100; reported acquisition price: $0.00.
- Vesting: The grant vests in four equal annual installments beginning January 30, 2027 (Footnote F1).
- Ownership after transaction: total post-transaction holdings not specified in the filing; Footnote F2 notes 291.28 shares were added since the most recent Section 16 filing via dividend reinvestment (DRIP).
- No tax-withholding sale or 10b5-1 plan disclosed.
Context
- Restricted stock grants are a standard form of director compensation and vest over time; they do not necessarily indicate immediate bullish or bearish insider sentiment. The DRIP activity noted in the filing shows some additional automatic reinvestment of dividends since the last filing.
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