NB Bancorp, Inc.·4

Feb 27, 11:12 AM ET

Richardson Matthew 4

Research Summary

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NB Bancorp (NBBK) EVP Matthew Richardson Receives 13,749-Share Award

What Happened
Matthew Richardson, EVP of Treasury & Cash Management Services at NB Bancorp, was granted 13,749 restricted shares on February 25, 2026. The Form 4 reports this as an award/acquisition (code A) at $0.00 per share (total reported value $0). This was a compensation grant (award), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-02-25
  • Transaction type/code: Award/Grant (A)
  • Shares granted: 13,749 at $0.00 per share (reported value $0)
  • Vesting: Shares vest 33 1/3% per year commencing February 25, 2027 (per footnote)
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Filing date: 2026-02-27 (filed timely within standard reporting window)
  • No 10b5-1 plan, cashless exercise, or tax‑withholding details indicated in the provided excerpt

Context
Restricted stock grants are common for compensation and retention and are subject to vesting before the insider can sell. Because this was an award rather than a purchase or sale, it does not by itself signal an immediate insider market view, though it does increase potential future share exposure once vested.