Investar COO Linda Crochet Receives RSUs; 1,517 Shares Withheld

What Happened Linda M. Crochet, Chief Operations Officer of Investar Holding Corp (ISTR), received a grant of 4,563 restricted stock units (RSUs) on April 1, 2026 (transaction code A). On the same date, 1,517 shares were disposed (transaction code F) at $27.50 per share, totaling $41,718, to satisfy a payment of exercise price or tax liability. The award itself shows a $0 acquisition price because RSUs are compensation, not an open‑market purchase.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-03 (filed within the typical two-business-day Form 4 window).
• Grant: 4,563 RSUs acquired (code A) — recorded at $0.
• Withholding/disposition: 1,517 shares disposed (code F) at $27.50 each, $41,718 total, to cover taxes/exercise price.
• Shares owned after transaction: not specified in this filing.
• Footnote: F1 — RSUs convert one‑for‑one into common stock and vest in equal increments on each anniversary over the next five years.

Context This filing reflects an executive compensation event (an RSU grant) with routine tax withholding rather than an open‑market sale or purchase. RSU grants are non‑cash awards that typically vest over time (here, five annual installments per the footnote); the withheld shares were used to satisfy tax obligations related to the award or vesting. Such withholdings are common and generally do not signal the insider’s view of the company’s stock price.