Flack David A 4
4 · Investar Holding Corp · Filed Jan 23, 2026
Research Summary
AI-generated summary of this filing
Investar (ISTR) Director David A. Flack Receives RSU Award
What Happened
David A. Flack, a director of Investar Holding Corp (ISTR), was granted 1,360 restricted stock units (RSUs) on January 21, 2026. The grant is reported as an award (transaction code A) at $0.00 per share (no cash paid). The RSUs convert one-for-one into common shares when they vest.
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (timely filing).
- Amount: 1,360 RSUs granted; reported price: $0.00.
- Shares owned after transaction: not specified in the provided filing data.
- Footnote (F1): RSUs convert 1:1 to common stock. 20% of the RSUs vest on 1/21/2027; the remaining RSUs vest in four substantially equal annual installments beginning 1/1/2028.
- Transaction code: A = Award/Grant of equity-based awards.
Context RSU grants are a form of compensation and typically represent future equity if vesting conditions are met; they are not an open-market purchase that signals immediate insider buying. Vesting schedule determines when the shares will convert and potentially become tradable; tax withholding or other withholding provisions may apply upon vesting (not detailed in this filing).
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-21+1,360→ 432,552 total
- 85,156(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]Grant of restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. Twenty percent of the RSUs will vest on 1/21/2027 and the remaining RSUs will vest in four substantially equal annual installments beginning on 1/1/2028.