SHERMAN A HAAG 4

What Happened
Sherman A. Haag, CEO of Tectonic Financial, reported a disposition of 5,000 shares on February 17, 2026. The shares were disposed at $10.00 per share for total proceeds of $50,000. The transaction is coded as an "other acquisition or disposition (J)" and the filing states the securities were called for redemption by the issuer — i.e., the company redeemed the shares rather than an open-market sale by the insider.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19.
• Price: $10.00 per share; total value: $50,000.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: F1 — "The reported securities were called for redemption by the issuer."
• Transaction code: J (other acquisition/disposition); no 10b5-1 plan, tax withholding, or option exercise noted in the provided data.

Context
A redemption is an issuer-initiated disposition and often reflects company action (e.g., share redemption or buyback mechanics) rather than a voluntary sale by the insider. Such transactions are typically less informative about the insider’s personal view of the company than open-market purchases, which are more commonly interpreted as bullish signals.