KLEIN MARK A 4
Research Summary
AI-generated summary
SB Financial (SBFG) CEO Mark Klein Receives RSU Award
What Happened
- Mark A. Klein, Chairman, President and CEO of SB Financial Group, was awarded 7,348 restricted stock units (RSUs) on February 5, 2026. The grant is reported at $22.14 per share for a total reported value of $162,685. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-05; reported on Form 4 filed 2026-02-06 (timely filing).
- Award: 7,348 RSUs at $22.14 per share; total reported value $162,685.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — shares were acquired pursuant to a grant of restricted stock units under the company’s Stock Incentive Plan.
- Transaction type: Award/grant (A). No sale or cash purchase reported.
Context
- RSU grants are a form of equity compensation and typically vest over time and may be subject to forfeiture until vesting; they are not immediate open-market purchases that signal buying conviction.
- This transaction reflects company compensation practices rather than a direct market investment decision by the insider.