4Filed Aug 4, 8:00 PM ET
GBank Financial (GBFH) Director Timothy Herbst Buys 10,000 Shares
$GBFH · GBank Financial Holdings Inc.Research Summary
AI-generated summary of this SEC filing
GBank Financial (GBFH) Director Timothy Herbst Buys 10,000 Shares
What Happened
Timothy P. Herbst, a director of GBank Financial Holdings Inc. (GBFH), purchased 10,000 shares in an open-market transaction on August 4, 2026. The reported weighted-average price was $21.50 per share, for a total reported value of $214,971. This filing reports a direct purchase (transaction code P).
Key Details
- Transaction date: 2026-08-04 (reported on Form 4 filed 2026-08-05) — appears timely.
- Transaction type: Open market purchase (Code P).
- Shares purchased: 10,000; weighted-average price: $21.50; total value: $214,971.
- Footnote: Price is a weighted average; individual trade prices ranged $21.22–$21.70 (reporting person can provide per-trade breakdown on request).
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notes were indicated in this filing.
Context
Insider purchases are often tracked by investors as one data point about management or director conviction, but they do not guarantee future performance. This was a straight open-market purchase rather than an option exercise or award.