NB Bancorp, Inc.·4

Feb 27, 11:11 AM ET

Lapointe Jean-Pierre 4

Research Summary

AI-generated summary

Updated

NB Bancorp (NBBK) CFO Lapointe Receives 13,749 Restricted Shares

What Happened

  • Jean-Pierre Lapointe, SEVP and Chief Financial Officer of NB Bancorp, was granted 13,749 shares of restricted stock on February 25, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open‑market purchase.

Key Details

  • Transaction date: 2026-02-25; filing date: 2026-02-27 (Form 4 accession 0001437749-26-006031).
  • Instrument/Code: Award/Grant (code A); reported acquisition price $0.00; total reported value $0.
  • Shares owned after the transaction: Not disclosed in the provided summary.
  • Footnotes included on the filing:
    • F1: A portion of restricted shares vest at 33 1/3% per year beginning Feb 25, 2027.
    • F2: Includes restricted shares that vest at 20% per year beginning Apr 24, 2026.
    • F3: Notes certain transactions reflected were not required to be reported under Section 16.
  • Filing timeliness: Filed two days after the transaction date; appears timely under Section 16 reporting rules.

Context

  • This was a compensation grant of restricted stock, which typically vests over time and is intended to align executives with shareholder interests. Such awards are common and are neither an outright purchase (bullish signal) nor a sale. Vesting schedules mean the shares are subject to forfeiture or restrictions until vesting dates.