DICK JEFF W 4

What Happened

• Jeff W. Dick, Chairman, President & CEO (also a director) of MainStreet Bancshares (MNSB), was granted 23,511 shares on 2026-02-20 valued at $22.65 each (total ≈ $532,524). At the same time 3,499 shares were disposed (Code F) at $20.36 each to satisfy an exercise price or tax liability, totaling ≈ $71,240.
• Net from these entries, Dick acquired 23,511 shares and had 3,499 shares withheld—a net increase of 20,012 shares beneficially owned from the grant.

Key Details

• Transaction date: 2026-02-20; Form 4 filed 2026-02-24 (filed within the normal 2-business-day window).
• Grant price/value: 23,511 shares at $22.65 → ≈ $532,524.
• Withholding/disposal: 3,499 shares at $20.36 → ≈ $71,240 (Code F — payment of exercise price or tax liability).
• Shares owned after transaction: Not specified in the provided filing; net increase from these transactions is +20,012 shares.
• Footnote: F1 notes a transfer of 7,831 shares from direct ownership to indirect ownership held by a 401(k) plan (a reclassification, not a market sale).

Context

• The main event was a stock award/grant (Code A). The simultaneous Code F entry reflects shares used to satisfy tax or exercise obligations—common with equity awards and not the same as an open-market sale.
• Awards are generally more informative than routine sales because they indicate company-issued compensation; they do not necessarily signal the insider’s immediate view on the stock.