Henkin Kevin 4
Research Summary
AI-generated summary
NB Bancorp (NBBK) EVP Kevin Henkin Receives Restricted Stock Award
What Happened
- Kevin Henkin, EVP and Chief Credit Officer of NB Bancorp (NBBK), was granted 6,874 shares of restricted stock on February 25, 2026. The Form 4 records the acquisition price as $0.00 (a compensation award), so no cash was paid for the shares.
Key Details
- Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-27).
- Transaction type/code: Award/Grant (A); 6,874 shares acquired at $0.00.
- Vesting: Shares vest 33 1/3% per year beginning February 25, 2027 (per footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote F2: Notes some related transactions reflected may not be required to be reported under Section 16.
- Filing timeliness: Filed within two business days of the transaction date (no late filing indicated).
Context
- This was a restricted stock award for compensation, not an open-market purchase or sale. The shares are subject to a multi-year vesting schedule and are not necessarily immediately tradable, so the grant reflects compensation policy rather than an explicit buy/sell signal.
- For retail investors, awards like this are common for executives and should be viewed as part of pay structure rather than a direct endorsement of near-term stock moves.