CHMELIK THOMAS J 4
4 · MainStreet Bancshares, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
MainStreet Bancshares (MNSB) Senior EVP Thomas J. Chmelik Sells 2,799 Shares
What Happened
Thomas J. Chmelik, Senior Executive Vice President and director of MainStreet Bancshares (MNSB), had 2,799 shares disposed on February 20, 2026 to satisfy a tax liability. The shares were recorded at $20.36 each, for a total value of $56,988. This was a withholding/disposition to cover taxes (transaction code F), not an open-market purchase.
Key Details
- Transaction date: 2026-02-20
- Price per share: $20.36; shares disposed: 2,799; total value: $56,988
- Transaction code: F (payment of exercise price or tax liability — shares withheld/used to cover taxes)
- Shares owned after transaction: not specified in the provided filing
- Filing timeliness: Report filed same day (2026-02-20); no late filing indicated
- No 10b5-1 plan or other special instructions are indicated in the provided details
Context
This was a tax-withholding disposition related to an equity event (e.g., option exercise or award vesting) and is generally a routine administrative action rather than an intentional market sale expressing sentiment. Purchases tend to be more informative about insider confidence; withholding to cover taxes is common and typically neutral from an investment-perspective.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-20$20.36/sh−2,799$56,988→ 60,962 total
- 56,794(indirect: By 401(k))
Common Stock