Flanders Cynthia 4
4 · Forbright, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Forbright (FRBT) Director Cynthia Flanders Receives RSU Award
What Happened Cynthia Flanders, a director of Forbright, Inc. (FRBT), was granted 6,171 restricted stock units (RSUs) on 2026-06-10. The grant is reported at $0.00 per unit (transaction code A), meaning this was an equity award rather than an open‑market purchase or sale. Each RSU represents a contingent right to one share of Class A common stock if and when the award vests.
Key Details
- Transaction date: 2026-06-10 (reported on Form 4 filed 2026-06-12).
- Transaction type/code: Award / Grant (A). Reported grant of 6,171 RSUs at $0.00.
- Vesting: RSUs vest in full on the date of the Issuer's 2027 annual meeting of stockholders, subject to continued service as a director (per footnote).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Form 4 filed within the typical §16 reporting window (timely).
Context RSUs are a form of compensation that convert into shares upon vesting; they do not represent immediately owned, sellable shares and involve no immediate cash outlay. Because vesting is contingent on continued board service through the 2027 annual meeting, this award depends on Ms. Flanders remaining a director. Such grants are common for executive and director compensation and should not be interpreted by themselves as a buy/sell signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-10+6,171→ 20,021 total
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") granted under the Issuer's 2026 Omnibus Incentive Plan. The RSUs will vest in full on the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Issuer's board of directors through such vesting date. Each RSU represents a contingent right to receive one share of Class A common stock.