RIEL SUSAN G 4
Research Summary
AI-generated summary
Eagle Bancorp CEO Susan Riel Sells 3,206 Shares to Cover Taxes
What Happened
- Susan G. Riel, President & CEO and Director of Eagle Bancorp, had 3,206 shares withheld to satisfy tax withholding obligations on February 26, 2026. The shares were valued at $26.33 each for a total disposition of $84,414. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: February 26, 2026 — 3,206 shares at $26.33 each (total $84,414).
- Transaction type: F (shares withheld to satisfy tax withholding on vesting of restricted stock).
- Footnote: The shares were withheld to satisfy tax withholding related to the partial vesting of a restricted stock award granted February 26, 2025 (Footnote F1).
- Shares owned after transaction: Not specified in the filing provided.
- Filing timeliness: Reported on March 2, 2026; this filing date is within two business days of the Feb 26 transaction and is therefore timely.
Context
- This was a routine “sell to cover” (tax withholding) tied to restricted stock vesting and does not necessarily signal insider views on the company’s prospects. Tax-withholding dispositions are common and differ from open-market sales where insiders choose to liquidate shares.