RIEL SUSAN G 4

What Happened Susan G. Riel, President & CEO and a director of Eagle Bancorp, received equity awards on February 19, 2026: 7,780 time‑vested restricted stock units (RSUs) granted at $0.00 and 15,684 stock options (derivative grant) awarded at $0.00 with an exercise price of $26.45 per share. The RSUs and options were reported on Form 4 under transaction code "A" (award/grant).

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (filed within the two‑business‑day requirement).
• RSUs: 7,780 shares granted; recorded price $0.00 (award).
• Options: 15,684 options granted with exercise price $26.45; recorded price $0.00 (derivative award).
• Option breakdown (footnote): 7,621 incentive stock options (ISOs) and 8,063 non‑qualified stock options (NQSOs).
• Vesting (footnotes): RSUs vest in three substantially equal annual installments beginning on the first anniversary of grant. Options vest in three equal annual installments beginning February 19, 2027.
• Shares owned after the transaction: Not specified in the filing.

Context These awards are standard equity compensation under Eagle Bancorp’s 2025 Equity Incentive Plan and do not reflect an immediate purchase or sale of shares. The options have a $26.45 exercise price and will vest over time; they were granted, not exercised, so no proceeds or share sales occurred. Such grants are common for executive pay and should be viewed as compensation disclosure rather than a direct market sentiment signal.