Lyons Amie L. 4

What Happened
Amie L. Lyons, President & CEO and a director of Fifth District Bancorp, was awarded 31,133 shares on February 9, 2026. The Form 4 lists the acquisition price as $0.00 (a restricted stock award), so no cash was paid. The filing does not state a market value for the award.

Key Details

• Transaction type: Award/Grant (Code A) of 31,133 restricted shares on 2026-02-09. Price: $0.00 (no cash paid).
• Filing date: 2026-02-10 for the 2026-02-09 transaction — appears timely based on the filing and report dates.
• Vesting: Shares vest at 20% per year commencing February 9, 2027 (five-year vesting schedule).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1, tax-withholding, or late-filing footnotes were reported in the information provided.

Context
This was a restricted stock award (compensation/retention), not an open-market purchase or sale. Restricted shares typically cannot be sold until they vest and may be forfeitable if vesting conditions aren’t met. Such grants increase an insider’s potential future ownership but do not represent an immediate cash outlay or liquidity event.