Yegge James E 4
Research Summary
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Investar (ISTR) Director James E. Yegge Receives RSU Award
What Happened James E. Yegge, a director of Investar Holding Corp (ISTR), was granted 1,431 restricted stock units (RSUs) on 2026-01-21. The RSUs convert into common stock on a one-for-one basis and were awarded at $0.00 (no cash paid); the grant value at award is reported as $0. These are awards (compensation), not open-market purchases or sales.
Key Details
- Transaction date and price: 2026-01-21; 1,431 RSUs at $0.00 (acquired).
- Vesting: 20% of the RSUs vest on 1/21/2027; the remaining RSUs vest in four substantially equal annual installments beginning 1/1/2028 (per footnote).
- Shares owned after transaction: the filing does not list a total post-transaction beneficial ownership number for Mr. Yegge. Footnote indicates AJ Investment Co LLC directly owns 8,786 shares and Mr. Yegge disclaims beneficial ownership of those shares except for a pecuniary interest equivalent to ~879 shares.
- Other footnotes: F2 notes inclusion of shares from dividend reinvestment not previously reported; F3 explains the AJ Investment Co LLC ownership/pecuniary interest and disclaimer.
- Filing timeliness: Form 4 filed 2026-01-23 for the 2026-01-21 grant — appears timely (filed within the typical 2-business-day window).
Context RSU grants are a common form of executive/director compensation and only become common shares as they vest. This grant does not involve an immediate sale or purchase in the open market and therefore should not be interpreted as a direct buy or sell signal. The footnote about AJ Investment Co LLC indicates Mr. Yegge has a 10% equity interest in that entity and disclaims beneficial ownership of its directly held shares except for the noted pecuniary interest.