DeLeon Rafael E 4

What Happened

• Rafael E. DeLeon, a director of MainStreet Bancshares, received a grant/award of 753 restricted shares (transaction code A) on July 1, 2026.
• The award was valued at $24.69 per share, for a total fair value of approximately $18,592. This was an equity grant (award), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-01 at $24.69 per share (total ~$18,592).
• Shares acquired: 753 restricted shares.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: Directors may elect to receive cash fees as restricted stock awards; the amount reflects the fair value based on the stock price on the grant date (see footnote F1).
• Filing timeliness: Report filed 2026-07-02 for a 2026-07-01 transaction — the filing appears timely.

Context

• This award was issued in lieu of cash director fees under the company’s equity incentive plan. Such restricted stock awards are a common form of director compensation and do not necessarily signal a personal market-view purchase or sale. The shares are likely subject to vesting/restrictions per the plan (as indicated by “restricted stock awards”).