Jones Christopher Travis 4
4 · Forbright, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Forbright (FRBT) Director Christopher T. Jones Receives RSU Award
What Happened
Christopher T. Jones, a director of Forbright, Inc. (FRBT), was granted 6,171 restricted stock units (RSUs) on 2026-06-10. The Form 4 reports the grant at $0.00 (no cash paid); the RSUs are a compensation award that represents a contingent right to receive one share of Class A common stock per RSU when they vest.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (within the typical 2-business-day reporting window).
- Grant: 6,171 RSUs reported at $0.00 (award/grant code A).
- Vesting: RSUs vest in full on the date of Forbright's 2027 annual meeting, subject to Jones' continued service as a director (see footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Other footnotes: Shares held in related trusts and a SEP IRA are noted (F2–F4); Jones disclaims beneficial ownership of those trust/IRA shares except to the extent of his pecuniary interest.
Context
RSU grants are a form of equity compensation — they do not represent an immediate purchase or sale and typically convert into shares only upon vesting (and may be subject to withholding). Such awards are common for directors and reflect compensation, not a direct market buy or sell. The filing also notes trust and IRA holdings for which Jones is trustee/custodian; these holdings are disclaimed for beneficial ownership purposes except for any pecuniary interest.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-10+6,171→ 6,171 total
- 136,994(indirect: By Trust)
Class A Common Stock
[F2] - 18,822(indirect: By Trust)
Class A Common Stock
[F3] - 16,807(indirect: By Trust)
Class A Common Stock
[F4]
Footnotes (4)
- [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.
- [F2]These shares are held by The Christopher T. Jones Revocable Trust (the "CTJ Trust"), for which the Reporting Person is a trustee. Certain members of the Reporting Person's immediate family are beneficiaries of the CTJ Trust. The Reporting Person disclaims beneficial ownership of the shares held by the CTJ Trust, except to the extent of his pecuniary interest therein.
- [F3]These shares are held by The Patricia B. Jones Revocable Trust (the "PBJ Trust"), for which Patricia Jones, the spouse of the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the shares held by the PBJ Trust, except to the extent of his pecuniary interest therein.
- [F4]These shares are held by The Pacific Premier Trust FBO Christopher T Jones SEP IRA (the "SEP IRA") for which the Reporting Person is custodian. The Reporting Person disclaims beneficial ownership of the shares held by the SEP IRA, except to the extent of his pecuniary interest therein.