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SR Bancorp, Inc.·4

Jan 30, 4:38 PM ET

Viotto Neil C 4

Research Summary

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Updated

SR Bancorp (SRBK) EVP Neil Viotto Surrenders 882 Shares for Taxes

What Happened
Neil C. Viotto, EVP and COO of SR Bancorp (SRBK), reported the disposition of 882 shares on January 29, 2026. The shares were surrendered at $16.64 per share to satisfy a tax liability (transaction code F), resulting in proceeds of $14,676. This was a share withholding to cover taxes on equity compensation rather than an open‑market sale.

Key Details

  • Transaction date: 2026-01-29; price: $16.64; shares surrendered: 882; total value: $14,676.
  • Transaction code F = payment of exercise price or tax liability (shares withheld to cover taxes).
  • Shares owned after the transaction: not disclosed in the filing provided.
  • Filing date: 2026-01-30 (filed the day after the transaction). No late‑filing indication in the provided data.
  • Relevant footnotes from the filing:
    • F1: Restricted stock vests 20% per year starting Jan 29, 2026.
    • F2: Restricted stock vests 20% per year starting Dec 17, 2026.
    • F3/F4: Stock options vest 20% per year starting Jan 29, 2026 and Dec 17, 2026, respectively.

Context
This type of transaction is a routine tax withholding related to equity awards (likely vesting restricted stock) and does not necessarily indicate a bullish or bearish view by the insider. The filing shows the shares were surrendered to cover the tax obligation rather than sold on the open market.