Charles A Williams TR Charles A Williams Trust 4
Research Summary
AI-generated summary
Northpointe (NPB) 10% Owner Charles A. Williams Buys Shares
What Happened
- Charles Alan Williams, listed as a 10% owner of Northpointe Bancshares (NPB), reported two purchases (code P) totaling 37,655 shares.
- On 2026-02-11 he acquired 14,205 shares at $16.90 each ($240,064). On 2026-02-12 he acquired 23,450 shares at $16.88 each ($395,888). Combined spend ≈ $635,952.
- These were purchases (accumulation), which investors often view as more informative than routine sales, though the filing itself does not state motive.
Key Details
- Transaction dates & prices: 2026-02-11 — 14,205 shares @ $16.90; 2026-02-12 — 23,450 shares @ $16.88.
- Total shares bought: 37,655; total reported value ≈ $635,952.
- Reporting code: P = Purchase (Form 4 lists as open-market or private purchase).
- Shares owned after transaction: not provided in the data you supplied; the filing includes footnote F1.
- Footnote F1: Reflects shares held by the Charles A. Williams Trust (Charles A. Williams TR).
- Filing: Form 4 was filed 2026-02-13 covering trades on Feb 11–12 — appears to be timely (within the usual two-business-day reporting window).
Context
- As a 10% owner, Williams is a significant shareholder (institutional/large-holder status), not necessarily an executive trade — holdings reported may reflect trust ownership (per F1).
- Purchases by insiders/large shareholders can be interpreted as increased exposure but do not prove intent or future company performance.