Crosby Katherine A 4

What Happened Katherine A. Crosby, Executive Chairman and a director of FB Bancorp, received equity awards on March 25, 2026: 60,000 restricted shares (awarded at $0.00) and a derivative award of 150,000 (stock options) (also $0.00). The awards are compensation grants, not open-market purchases or sales.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (timely filing).
• Awards: 60,000 restricted shares (grant price $0.00) and 150,000 derivative awards (stock options) (grant price $0.00).
• Vesting: Restricted shares vest at 20% per year starting March 25, 2027 (Footnote F1). Options vest at 20% per year starting March 25, 2027 (Footnote F3).
• Footnote F2: filing notes certain transactions “not required to be reported pursuant to Section 16,” as indicated in the submission.
• Shares owned after the transaction: not specified in the provided summary of the filing.

Context These grants are compensation awards that vest over multiple years rather than immediate purchases or exercised options. A $0.00 grant price is typical for restricted stock and option awards and does not imply a market purchase. Such awards compensate or retain executives and are not direct indicators of short-term trading intent.