Jordan Robert Chris 4
Research Summary
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Investar (ISTR) Director Jordan Robert Chris Receives 1,431 RSUs
What Happened Jordan Robert Chris, a director of Investar Holding Corp (NASDAQ: ISTR), was granted 1,431 restricted stock units (RSUs) on 2026-01-21. The report shows an acquisition price of $0.00 (total reported value $0), reflecting a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-21; filing date: 2026-01-23 (filed within the typical two-business-day window).
- Grant type/code: Award/Grant (A) — restricted stock units that convert one-for-one into common shares.
- Quantity: 1,431 RSUs; reported acquisition price: $0.00 (value $0).
- Shares owned after transaction: not specified in the provided filing details.
- Footnote F1: RSUs convert 1:1 to common stock. 20% vest on 1/21/2027; remaining RSUs vest in four substantially equal annual installments beginning 1/1/2028.
- Footnote F2: Notes inclusion of shares acquired via dividend reinvestment that were not previously reported pursuant to Rule 16a-11.
Context RSU grants are a form of compensation: they do not represent an immediate cash purchase or sale and typically vest over time as a retention incentive. Because these RSUs vest according to a schedule, they do not indicate an immediate change in the insider’s market exposure. The filing does not show any immediate sale or exercise related to this grant.