Soto Benjamin M. 4
Research Summary
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Eagle Bancorp (EGBN) Director Benjamin Soto Receives 9,073-Share Award
What Happened Benjamin M. Soto, a director of Eagle Bancorp, received an award of 9,073 restricted shares on February 19, 2026. The shares were granted at an acquisition price of $0.00 (transaction code A — award/grant). Because this is an equity award rather than an open-market purchase, the immediate cash value reported on the Form 4 is $0.00.
Key Details
- Transaction date and type: 2026-02-19 — Grant/award of restricted stock (code A).
- Price reported: $0.00 per share (award).
- Shares granted: 9,073 shares.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Vesting/holding restrictions (footnote): Award is time-vested under the 2025 Equity Incentive Plan; vests on the first anniversary of grant and must be held for an additional two-year holding period after vesting (total restriction ~3 years).
- Filing timeliness: Form filed 2026-02-23 for a 2026-02-19 transaction — within the Section 16 two-business-day filing window (timely).
Context This was a restricted stock award (not a purchase or sale). Restricted shares typically vest over time and are subject to holding restrictions, which can limit immediate liquidity and selling. Such awards are common for directors and executives as compensation/retention and do not by themselves indicate a buy or sell signal.