Joffrion Gordon H III 4

What Happened
Joffrion Gordon H III, a director of Investar Holding Corp (ticker: ISTR), was granted 1,431 restricted stock units (RSUs) on January 21, 2026. The grant is reported as an award/acquisition (code A) at $0.00 per share (total reported acquisition value $0). These RSUs convert into common stock on a one-for-one basis as they vest.

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (filing appears timely).
• Security: 1,431 RSUs granted; reported acquisition price $0.00 (common for RSU grants).
• Shares owned after transaction: Not stated in the provided filing details.
• Footnote (vesting): 20% of the RSUs vest on 1/21/2027; the remaining RSUs vest in four substantially equal annual installments beginning on 1/1/2028.
• Transaction code: A (award/grant).

Context
RSU grants are a common form of executive/director compensation intended to retain and align insiders with shareholder value; they do not represent an immediate cash purchase or sale. Because these RSUs vest over time, they do not increase the director’s tradable shares until vesting occurs and therefore are not an immediate market sale or buy signal.