D'Angelo John J 4
Research Summary
AI-generated summary
Investar (ISTR) CEO John J. D'Angelo Receives RSU Award
What Happened
- John J. D'Angelo, Chief Executive Officer of Investar Holding Corp (ISTR), was granted 16,324 restricted stock units (RSUs) on 2026-04-01 (award value shown as $0 in the filing). To cover taxes related to the award, 4,158 shares were withheld/disposed at $27.50 per share, generating $114,345 in value for tax withholding. The grant is recorded as an award/acquisition (code A) and the withholding as tax withholding/disposition (code F).
Key Details
- Transaction dates: Award and withholding both dated 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
- Award: 16,324 RSUs granted; acquisition price reported as $0 (standard for RSU grants).
- Tax withholding/disposition: 4,158 shares withheld at $27.50 each = $114,345.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — RSUs convert one-for-one into common stock and vest in equal increments on each anniversary over the next five years.
- Transaction codes: A = Award/Grant, F = Tax withholding (not an open-market sale).
Context
- These were RSU awards, not open-market purchases or option exercises. The withholding of 4,158 shares is a routine tax-withholding action tied to the award, not necessarily a discretionary sale signaling sentiment. Vesting is over five years (annual installments), so the award represents future equity compensation rather than immediate liquid ownership.