Daley James B. 4
Research Summary
AI-generated summary
NBBK EVP James B. Daley Receives 6,874-Share Award
What Happened
James B. Daley, Executive Vice President and Director of C&I Banking at NB Bancorp (NBBK), received a grant of 6,874 restricted common shares on February 25, 2026. The shares were awarded at $0.00 per share (i.e., as a compensation award rather than a market purchase); the filing shows no cash exchanged.
Key Details
- Transaction date: 2026-02-25; Filing date (Form 4): 2026-02-27 (filed within the standard reporting window).
- Transaction type/code: Award/Grant (A). Price per share reported: $0.00.
- Shares granted: 6,874 restricted shares.
- Shares owned after transaction: Not specified in the disclosed summary.
- Notable footnotes: F1 — shares vest 33⅓% per year beginning February 25, 2027. F2 — notes reflecting transactions not required to be reported under Section 16 (as disclosed in the filing).
Context
This was a compensation grant of restricted stock, not an open-market purchase or sale. Restricted shares vest over time (here, roughly three years), so they represent future compensation/retention incentives rather than an immediate vote of confidence through buying shares. Such awards are common for executives and do not by themselves signal a near-term trading view.