Logrono Maricarmen 4
Research Summary
AI-generated summary
USCB Financial (USCB) EVP Maricarmen Logrono Receives Restricted Stock Award
What Happened
Maricarmen Logrono, EVP and Chief Risk Officer of USCB Financial Holdings, was granted 15,000 restricted shares on January 27, 2026 (acquisition code A). The shares were issued at $0.00 (no cash paid at grant). The award is subject to time-based vesting — one-third of the grant vests each year beginning January 27, 2027. This is a grant/award (not an open-market purchase or sale) and is typically used for retention and compensation rather than an immediate market signal.
Key Details
- Transaction date: January 27, 2026; grant price reported as $0.00 (value realized at grant = $0).
- Vesting: 15,000 restricted shares vest one-third per year starting January 27, 2027 (see footnote F1).
- Shares owned after transaction: not specified in the filing.
- Additional restricted holdings disclosed (footnote F2): includes 876 shares from a prior 2,630-share grant (vesting began Jan 22, 2025), 3,920 shares from a 5,880-share grant (vesting began Jan 21, 2026), and 6,217 shares that vest one-third per year beginning Jan 27, 2027.
- Options disclosure (footnote F3): referenced options vesting one-third per year starting Sept 27, 2021.
- Filing timeliness: The Form 4 was filed on March 25, 2026 for a Jan 27, 2026 transaction (filed late relative to the typical 2-business-day Section 16 deadline).
Context
Restricted stock grants are compensation/retention awards that vest over time; they do not represent an immediate cash purchase or sale of shares and limit immediate liquidity. For retail investors, such awards indicate management retention incentives but are not direct buy/sell signals.