SAMUEL ANDREW S 4
4 · LINKBANCORP, Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
LINKBANCORP CEO Samuel Andrew S Withholds Shares for Taxes
What Happened
- Samuel Andrew S, CEO (also Vice Chairman and a director) of LINKBANCORP, had a total of 18,296 shares of common stock withheld to satisfy tax obligations when restricted stock vested. The withholding occurred on 2026-04-22: 18,193 shares withheld at $8.71 each for $158,461, and 103 shares withheld at $8.71 each for $897, for a combined value of $159,358. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-04-22. Report filed: 2026-04-28 (6 days after the transaction).
- Prices and amounts: 18,193 shares @ $8.71 = $158,461; 103 shares @ $8.71 = $897; total ≈ $159,358.
- Shares owned after the transaction: Not specified in the filing.
- Footnotes of note:
- F1: Shares withheld represent a portion of shares issued upon restricted-stock vesting and were withheld to satisfy the reporting person’s tax obligation.
- F2–F4: Mr. Samuel shares a household with his daughter and disclaims beneficial ownership of securities held by her. Footnotes F3 and F4 describe separate option-vesting schedules (20% per year starting 8/31/2024 and 5/23/2025).
- Timeliness: Form 4 was filed Apr 28 for Apr 22 transactions. Form 4s are generally due within two business days; this filing is later than that window.
Context
- This was a withholding to cover taxes on vested restricted stock (transaction code F), a routine administrative disposition rather than a market sale indicating intent to liquidate holdings. For retail investors, tax-withholding withholdings are common after equity grants vest and do not necessarily convey a buying/selling signal.
Insider Transaction Report
Form 4
SAMUEL ANDREW S
DirectorCEO and Vice Chairman
Transactions
- Tax Payment
Common Stock
[F1]2026-04-22$8.71/sh−18,193$158,461→ 40,557 total - Tax Payment
Common Stock
[F1][F2]2026-04-22$8.71/sh−103$897→ 197 total(indirect: By Daughter Direct)
Holdings
- 6,060(indirect: By IRA)
Common Stock
[F2] - 40,000
Stock Options
Exercise: $10.00From: 2020-10-19Exp: 2029-10-19→ Common Stock (40,000 underlying) - 907,240
Warrants
Exercise: $10.00From: 2019-01-03Exp: 2029-01-03→ Common Stock (907,240 underlying) - 7,500(indirect: By Daughter)
Stock Options
[F2]Exercise: $10.00From: 2020-06-14Exp: 2029-06-14→ Common Stock (7,500 underlying) - 500(indirect: By Daughter)
Stock Options
[F3]Exercise: $7.00From: 2024-08-31Exp: 2033-08-31→ Common Stock (500 underlying) - 1,000(indirect: By Daughter)
Stock Options
[F4]Exercise: $6.58From: 2025-05-23Exp: 2034-05-23→ c (1,000 underlying)
Footnotes (4)
- [F1]The 18,193 and 103 shares of common stock disposed of represent a portion of the shares issued to the reporting person upon vesting of restricted stock. The shares disposed of were withheld to satisfy the reporting person's tax obligation.
- [F2]Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of shares held by his daughter.
- [F3]Stock options vest at a rate of 20% per year commencing on August 31, 2024. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.
- [F4]Stock options vest at a rate of 20% per year commencing on May 23, 2025. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.
Signature
/s/ Melanie Vanderau, pursuant to power of attorney|2026-04-23