Middleton Suzanne O 4
Research Summary
AI-generated summary
Investar Director Suzanne Middleton Receives RSU Award
What Happened
Suzanne O. Middleton, a director of Investar Holding Corp (ISTR), was granted 1,503 restricted stock units (RSUs) on 2026-01-21. The Form 4 reports the acquisition as 1,503 shares at $0.00 (award/grant). The RSUs convert into common stock on a one-for-one basis; no cash purchase was reported.
Key Details
- Transaction date: 2026-01-21 (Form 4 filed 2026-01-23). Filing appears timely.
- Transaction type/code: Grant/Award (A).
- Shares/units granted: 1,503 RSUs; reported price $0.00 (acquired). Reported acquisition value: $0 on the Form 4.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote (F1): 20% of the RSUs vest on 1/21/2027; the remaining RSUs vest in four substantially equal annual installments beginning 1/1/2028.
Context
RSUs are a form of equity compensation that convert to common shares once vested; they are not immediately tradable and reflect future compensation rather than an open-market buy or sell. Such grants are routine for executives and directors and do not by themselves signal an intent to buy or sell company stock.