Baboval Michael B 4

What Happened

• Michael B. Baboval, Chief Risk Officer of MainStreet Bancshares, surrendered 738 shares on 2026-02-20 at an indicated price of $20.36 per share, a disposal valued at approximately $15,026. The filing shows the transaction as code "F" (payment of exercise price or tax liability), meaning shares were used to satisfy tax withholding or similar obligations rather than an open-market sale.

Key Details

• Transaction date: 2026-02-20
• Price per share: $20.36; Shares disposed: 738; Total value: ~$15,026
• Transaction code: F — payment of exercise price or tax liability (share surrender/withholding)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: report filed on 2026-02-20 (same date as the transaction), indicating a timely Form 4

Context

• Code F transactions typically reflect withholding of shares to cover taxes after an option exercise or equity award (a cashless withholding), not a directional bet on the stock. These are routine administrative disposals and should not be interpreted alone as insider sentiment.