Ballard John Scott 4
Research Summary
AI-generated summary
Home Bancorp (HBCP) Director John Scott Ballard Receives 500 RSUs
What Happened
John Scott Ballard, a director of Home Bancorp, Inc. (HBCP), received a grant of 500 restricted stock units (RSUs) on May 12, 2026. There is no purchase price (award/grant), so no cash value is reported in the filing. This was an equity compensation award (transaction code A), not an open-market buy or sell.
Key Details
- Transaction date: May 12, 2026; Form 4 filed May 13, 2026. No late filing is indicated.
- Transaction type/code: Award/Grant (A). Price: N/A for RSU awards.
- Vesting for these 500 RSUs: vest in equal installments of 20% per year beginning May 12, 2027 (i.e., a five-year pro rata vesting schedule); settlement is only in shares of common stock (see footnote F1).
- Additional RSU grants referenced in the filing: prior grants of 600 RSUs (vesting from May 12, 2023 and May 12, 2024), 600 RSUs (vesting from May 12, 2025), and 700 RSUs (vesting from May 12, 2026), all vesting in 20% annual installments and settle only in shares (footnotes F2–F5).
- Shares owned after the transaction: not specified in the provided excerpt.
Context
RSU awards are a common form of director/executive compensation and are different from purchases or sales; they do not represent an immediate cash outlay or market trade. These RSUs will convert into shares over the stated vesting schedule and thus do not necessarily signal near-term buying or selling activity.