Hall Wendy Adeler 4

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.