Fifth District Bancorp, Inc.·4

Feb 10, 4:36 PM ET

Gervais Dodie F. 4

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FDSB VP Gervais Dodie Receives 31,133-Share Award

What Happened
Gervais Dodie F., Vice President of a lending subsidiary of Fifth District Bancorp (FDSB), was granted 31,133 shares of restricted stock on February 9, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (reported acquisition value $0). These are compensation shares, not an open-market purchase or sale.

Key Details

  • Transaction date and type: 2026-02-09 — Grant/Award (A) of 31,133 shares at $0.00 per share (reported value $0).
  • Vesting: Footnote F1 — shares vest 20% per year beginning February 9, 2027 (implies a five-year vesting schedule).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Filing timing: Form filed 2026-02-10 for a 2026-02-09 transaction (filed promptly).

Context
Restricted stock awards are compensation and do not by themselves signal a buy or sell decision; they typically vest over time and align executives with shareholder interests. The reported $0 acquisition reflects the award entry on the Form 4 and does not show the market value — check the company’s proxy or 8-K for grant valuation or additional compensation disclosures if needed.