Werdann Gerald 4
Research Summary
AI-generated summary
BCB Bancorp (BCBP) Director Werdann Gerald Receives Award
What Happened Werdann Gerald, a director of BCB Bancorp, received a restricted stock award of 4,226 shares on 2026-04-22. The award is reported at $9.86 per share, for a total reported value of $41,668. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-22; Filing date: 2026-04-24 (Form 4 accession 0001193125-26-175675) — filing appears timely.
- Shares granted: 4,226 at $9.86 per share; total reported value $41,668.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — These are restricted shares; one-third vests annually over three years (typical multi-year director/exec award).
- Transaction type: Award/Grant (code A) — treated as an acquisition but part of compensation.
Context Restricted stock awards are a common form of director compensation and are subject to vesting conditions; they do not represent an immediate market purchase and are not direct evidence of short-term trading sentiment. Retail investors often pay more attention to open-market purchases or sales by insiders, or sustained buying patterns, when assessing insider conviction.