4Accepted Jul 2, 9:05 AM ET
MainStreet (MNSB) Director Wendy Hall Receives 973-Share Award
Accepted (ET)
9:05 AM
Jul 2, 2026
Filed
Jul 2, 2026
Documents
1
Size
4.6 KB
Summary
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.