Bonora Deirdre 4
Research Summary
AI-generated summary
LINKBANCORP (LNKB) Chief Ops & Tech Officer Deirdre Bonora Sells 3,788 Shares
What Happened
- Deirdre Bonora, Chief Operations and Technology Officer of LINKBANCORP (LNKB), had 3,788 shares of common stock disposed of on April 22, 2026. The shares were withheld to satisfy her tax withholding obligation on shares issued upon vesting. The per-share value reported was $8.71, for a total of $32,993.
- This was a withholding to cover taxes (transaction code F), not an open-market sale for cash — a routine administrative action following vesting.
Key Details
- Transaction date and price: April 22, 2026 — 3,788 shares at $8.71 each.
- Total value: $32,993 (amount reported for the shares withheld).
- Shares owned after transaction: Not reported in this filing.
- Footnotes of note:
- F1: The 3,788 shares disposed represent a portion of shares issued upon vesting of restricted stock; they were withheld to satisfy the reporting person's tax obligation.
- F2: Indicates certain transactions are not required to be reported under Section 16 (not directly relevant to this withholding).
- F3: Notes a separate vesting schedule for stock options (20% per year beginning Dec 22, 2023).
- Filing date vs. transaction date: Form filed April 28, 2026; transaction occurred April 22, 2026. Form 4s are typically due within two business days of the transaction, so this filing was submitted six days after the reported transaction.
Context
- This was a tax-withholding (cashless) disposition tied to the vesting of restricted shares, not a voluntary sale indicating a trading decision. Such withholdings are common when equity vests and do not necessarily reflect the insider's view of the company. The filing also references an option vesting schedule (20% per year) for other equity awards.