Beeler Donald E. Jr. 4

What Happened

• Donald E. Beeler Jr., a director of Rhinebeck Bancorp, was granted 1,624 shares of restricted stock on May 26, 2026. The filing reports an acquisition (code A) at $0.00 per share (total reported value $0). This was an award/grant of stock, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (appears to be filed within the normal two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares involved: 1,624 restricted shares; reported acquisition price $0.00.
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnotes: F1 — restricted shares vest at 33 1/3% per year beginning May 26, 2027; F2 — notes that stock options are fully vested (no option exercise reported here).

Context

• This was a compensation-style grant of restricted stock (code A). Restricted shares typically vest over time (here, roughly three years) and are different from open-market purchases or sales; they represent compensation rather than an immediate cash investment by the insider.
• The F1 vesting schedule means Beeler will earn the shares incrementally starting a year after the grant; F2 indicates any outstanding options are fully vested, though no option transaction is reported in this Form 4.