GBank Financial (GBFH) CEO Jeffrey Newgard Buys 32,263 Shares (~$699K)

What Happened

• Jeffrey K. Newgard, President and CEO of GBank Financial Holdings, made multiple open-market purchases of common stock on Aug 3–4, 2026. The transactions total 32,263 shares for roughly $699,025.
  • Aug 3, 2026 — 6,309 shares @ $21.75 = $137,249 (purchase)
  • Aug 3, 2026 — 12,889 shares @ $21.75 = $280,394 (purchase)
  • Aug 4, 2026 — 4,293 shares @ $21.54 = $92,459 (purchase)
  • Aug 4, 2026 — 8,772 shares @ $21.54 = $188,923 (purchase)
• These were purchases (transaction code P), which retail investors often view as a more informative signal than routine sales, though the filing does not state Newgard’s motivation.

Key Details

• Transaction dates/prices: Aug 3–4, 2026 at prices of $21.75 and $21.54 per share (see per-trade breakdown above).
• Total purchased: 32,263 shares for about $699,025.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote F1 noted in the filing: certain shares were granted as restricted stock that vest ratably over three years (this footnote refers to grants disclosed in the filing).
• Filing: Form 4 filed Aug 5, 2026; no late-filing flag was indicated in the provided data.

Context

• These trades were open-market purchases (code P), not option exercises, awards, or gifts. Open-market buys are direct purchases of company stock rather than derivative or compensatory transactions.
• The filing is factual disclosure of insider trades; it does not explain reasons for the purchases.