8-KAccepted Oct 26, 4:31 PM ET
Northpointe Bancshares Inc: approves $30,000,000 stock repurchase plan
Accepted (ET)
4:31 PM
Oct 26, 2026
Filed
Oct 26, 2026
Documents
13
Size
187.0 KB
Summary
Northpointe Bancshares Inc: approves $30,000,000 stock repurchase plan
What happened The filing says the company announced that its Board of Directors has authorized and approved a stock repurchase program for up to $30,000,000 of the currently outstanding shares of the company’s common stock over a period of 12 months. The program began Oct 22, 2026 and will end Oct 22, 2027. The filing attaches a press release dated Oct 26, 2026 as Exhibit 99.1.
Key details
- Authorization: up to $30,000,000 of currently outstanding common stock.
- Timing: 12-month program beginning Oct 22, 2026 and ending Oct 22, 2027.
- Method: repurchases may be made in the open market or through privately negotiated transactions and may be made in part under Rule 10b5-1 plans.
- Compliance: repurchases will be made in compliance with SEC rules, including Rule 10b-18, and other legal requirements; the program may be modified, suspended or discontinued.
Why it may matter This 8-K reports Item 8.01 (other events), which covers the company’s announcement of the stock repurchase program described above. This filing does not show why the insider traded or why the company acted.