Butler Amy M 4

What Happened

• Amy M. Butler, Executive Vice President, National Sales at Northpointe Bancshares (NPB), had 7,000 restricted stock units (RSUs) vest and convert into 7,000 shares on April 1, 2026 (reported Apr 2, 2026). The RSUs converted at $0.00 per share (an award, not a purchase).
• To satisfy tax withholding, 2,173 shares were disposed at $17.26 per share, generating approximately $37,506. Net shares delivered to Butler from this vesting event were 4,827 shares (7,000 vested − 2,173 withheld).

Key Details

• Transaction date: April 1, 2026; filing date: April 2, 2026.
• Vesting/conversion: 7,000 RSUs → 7,000 common shares (code M: exercise/conversion of derivative; F1/F2 footnotes confirm 1-for-1 RSU conversion and vesting).
• Tax withholding: 2,173 shares withheld/disposed at $17.26 each for ~$37,506 (code F).
• Net newly owned shares from this event: 4,827.
• No cash purchase or open-market sale by the insider — this was a routine compensation vesting and tax-withholding transaction.
• Filing appears timely (reported the day after the transaction).

Context

• RSU vesting is a common form of compensation and does not by itself indicate buying or selling intent. The withholding of shares to cover taxes is routine (similar to a cashless exercise).
• For retail investors, purchases or open-market sales often carry more informational weight than automatic vesting/tax-withholding events.