Campbell Tara Allyce 4
Research Summary
AI-generated summary
GBank (GBFH) EVP/COO Tara Campbell Exercises Options and Sells Shares
What Happened
- Tara Allyce Campbell, EVP and COO of GBank Financial Holdings (GBFH), exercised stock options to acquire a total of 22,766 shares (9,766 on 2026-02-25 and 13,000 on 2026-02-26) at an exercise price of $12.37 per share, costing about $281,615 in aggregate. She also sold 7,000 shares in an open-market transaction on 2026-02-25 at a weighted average price of $31.41 per share, generating approximately $219,882 in proceeds.
- The Form 4 also reports corresponding derivative-security dispositions at $0.00 for the same lots; these entries reflect the conversion/termination of the underlying option instruments upon exercise (reported separately on the form).
Key Details
- Transaction dates: Exercises on 2026-02-25 (9,766 shares) and 2026-02-26 (13,000 shares); open-market sale on 2026-02-25 (7,000 shares).
- Prices/values: Exercises at $12.37/share (total ~$281,615); sale at weighted avg $31.41/share (total ~$219,882). Footnote F1: sale prices ranged $31.00–$31.715; the $31.41 is a weighted average.
- Shares owned after the transactions: not specified in the summary information on this extract of the filing.
- Footnote F2: The options were granted Nov 3, 2023 and vest in five equal annual installments; two installments have vested (Nov 3, 2024 & 2025); remaining vest in 2026–2028.
- Filing timeliness: Report filed 2026-02-27 for transactions on 2026-02-25 and 02-26 — appears to be timely (no late filing noted).
Context
- This was an option exercise (M) combined with an open-market sale (S). The derivative "Disposed" lines at $0.00 represent the extinguishing/conversion of the option instruments when exercised, not a cash sale. The filing shows an exercise followed by a partial sale; the report is factual and does not state the insider’s motivations (e.g., covering exercise costs, tax withholding, or portfolio rebalancing).