Hall Wendy Adeler 4
4 · MainStreet Bancshares, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MainStreet (MNSB) Director Wendy Hall Receives 973-Share Award
What Happened
Wendy Adeler Hall, a director of MainStreet Bancshares, received 973 restricted shares on July 1, 2026. The award is reported at $24.69 per share for a total fair value of $24,023. This transaction is an equity award granted in lieu of cash director fees (not an open-market purchase or sale).
Key Details
- Transaction date and type: 2026-07-01 — Award/Grant (code A).
- Price/value: 973 shares × $24.69 = $24,023 (fair value on grant date).
- Shares owned after transaction: Not reported in this filing.
- Footnote: Director may elect to receive restricted stock awards instead of cash fees; value reflects stock price on the grant date.
- Filing timeliness: Reported on Form 4 filed 2026-07-02 (appears timely).
Context
Restricted stock awards granted in lieu of cash are common for directors and represent compensation rather than a market bet by the insider; such awards often carry vesting or transfer restrictions (not specified here). This is a routine compensation-related grant, not a purchase or sale that would signal an immediate trading view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-01$24.69/sh+973$24,023→ 2,727 total
Footnotes (1)
- [F1]In lieu of cash fees, directors may elect to receive an equivalent value of equity in restricted stock awards under the existing equity incentive plan. This amount reflects the fair value of restricted stock awards received in lieu of cash based upon the stock price on the date of grant.