HARDGROVE RICHARD L 4
Research Summary
AI-generated summary
SB Financial (SBFG) Director Richard Hardgrove Receives Restricted Stock Award
What Happened
- Richard L. Hardgrove, a director of SB Financial Group, received 1,150 shares on 2026-02-05. The reported acquisition price is $22.14 per share, for a total value of $25,461. The filing lists the transaction as a grant/award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (appears timely; Form 4s are due within two business days)
- Price per share: $22.14; Shares acquired: 1,150; Total reported value: $25,461
- Shares owned after transaction: not disclosed in the provided filing
- Footnote: The shares were acquired pursuant to a grant of restricted stock units (RSUs) under the company’s stock incentive plan (per footnote F1)
Context
- This was an equity award (RSUs) as part of compensation/benefit, which typically vests over time and does not indicate an immediate sale. Such grants are common for directors and are routine corporate compensation rather than a direct market signal of insider buying or selling.