WASHINGTON DONALD W 4
Research Summary
AI-generated summary
Home Bancorp (HBCP) Director Donald Washington Receives 100-Share Award
What Happened
Donald W. Washington, a director of Home Bancorp, Inc. (HBCP), received a grant of 100 restricted stock units (RSUs) on June 12, 2026. The filing shows an award/acquisition (code A) for 100 shares; no purchase price or immediate cash value is reported because these are RSUs that vest in the future.
Key Details
- Transaction date: 2026-06-12; filing date: 2026-06-15. Form 4s are typically due within two business days of the transaction; this filing reports the event three days later.
- Amount: 100 RSUs granted; price listed as N/A (no cash paid).
- Vesting: Per footnote F1, the 100 RSUs vest in equal installments of 20% per year commencing June 12, 2027 (five-year vesting) and may be settled only in shares of the issuer's common stock.
- Shares owned after transaction: Not specified in the excerpt provided.
- Other footnotes: The filing also references other outstanding RSUs and dividend-reinvested shares (footnotes F2–F7 list prior RSU grants and dividend reinvestment).
Context
RSUs are a form of compensation that convert to actual shares only as they vest; they do not represent immediate open‑market purchases or sales. Awards to directors are common and reflect compensation practices rather than direct market bets; they become more material to ownership and potential sellable shares as each vesting tranche converts into stock.