Darcey William 4
Research Summary
AI-generated summary
NB Bancorp (NBBK) Director Darcey William Sells 4,918 Shares
What Happened
- Darcey William, a director of NB Bancorp (NBBK), had 4,918 shares disposed on April 24, 2026 at $19.82 per share, for total consideration of approximately $97,475. The Form 4 reports the transaction under code "F" — indicating shares were surrendered or withheld to satisfy an exercise price or tax liability rather than an open-market sale.
Key Details
- Transaction date and price: April 24, 2026 — 4,918 shares at $19.82 per share (≈ $97,475).
- Transaction code: F (payment of exercise price or tax liability — shares disposed/withheld).
- Shares owned after transaction: not specified in the supplied filing summary.
- Footnotes:
- F1: Includes restricted stock that vests at 20% per year beginning April 24, 2026.
- F2: Includes restricted stock that vests 100% on January 2, 2027.
- Filing date: Form 4 was filed April 27, 2026 (reports the Apr 24 transaction).
Context
- Code F transactions typically reflect tax withholding or share surrender tied to option exercises or RSU/RS stock vesting. The filing’s footnotes reference restricted-stock vesting schedules, which suggests the disposition was to cover tax or exercise obligations rather than a discretionary cash sale. Such withholding transactions are common and don’t necessarily indicate a change in the insider’s view of the company.