Howell Steven E 4

What Happened
Steven E. Howell, a director of Rhinebeck Bancorp (RBKB), was granted 1,624 shares of restricted stock on May 26, 2026. The Form 4 reports the acquisition price as $0 (common for restricted stock awards); total reported value on the filing is $0. This is an award/compensation grant rather than a market purchase or sale.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (appears timely).
• Shares granted: 1,624 restricted shares; reported acquisition price: $0.
• Vesting: Footnote states shares vest at 33 1/3% per year beginning May 26, 2027 (three-year vesting).
• Shares owned after transaction: Not specified in the provided filing details.
• Other footnote: Stock options referenced in the filing are noted as fully vested (footnote F2), though this transaction was a restricted-stock award.
• Transaction type code: A (award/grant).

Context
Restricted stock awards are common compensation for directors and typically vest over time; they can be forfeited if service conditions aren’t met. This grant is a non-cash compensation event and does not by itself indicate buying or selling sentiment. The timely filing means no immediate reporting concerns were flagged in the provided record.