Forbright, Inc.·4

Jun 12, 4:11 PM ET

Jones Christopher Travis 4

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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.