Garcia Nelson B. 4
Research Summary
AI-generated summary
JFB Construction Director Nelson B. Garcia Receives 15,000-Share Award
What Happened
Nelson B. Garcia, a director of JFB Construction Holdings (JFB), was granted 15,000 shares on July 3, 2026. The shares were reported as issued at $0.00 per share (total reported value $0) under an award/grant (code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: July 3, 2026. Filing date (Form 4): July 9, 2026.
- Price: $0.00 per share; total reported value $0 (award/grant).
- Shares involved: 15,000 shares issued to the reporting person.
- Post-transaction holdings: Not disclosed in the provided transaction summary.
- Footnote: Shares were issued pursuant to the JFB Construction Holdings 2024 Equity Incentive Plan, approved by the Board on July 3, 2026.
- Timeliness: The Form 4 was filed on July 9, 2026; this is after the typical two-business-day filing window following a July 3 transaction, indicating a late filing.
Context
This was an equity award granted under the company’s incentive plan — a common way companies compensate directors and executives. Because the award was issued (not purchased or sold), it’s not a direct market signal like an open-market buy or sell; it reflects compensation or board-approved equity grants rather than the insider converting personal funds into stock. Late filings are typically corrected by the issuer but are worth noting for transparency.