NEWGARD JEFFREY K 4

What Happened
Jeffrey K. Newgard, President & CEO of GBank Financial Holdings (GBFH), was awarded 20,000 shares on 2026-07-09. The grant is reported as an acquisition at $0.00 (restricted stock award). Per the filing, the shares vest ratably over three years. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-09; transaction type: Award/Grant (code A); acquisition price reported $0.00.
• Shares granted: 20,000 restricted shares.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Vesting: Shares vest ratably over a three-year period (footnote).
• Filing: Form 4 filed 2026-07-09 (timely, not marked late).
• No 10b5-1 plan, tax withholding, or immediate sale noted in this filing.

Context
Restricted stock awards are a common element of executive compensation and typically vest over time to align management incentives with shareholders. Because these shares are restricted and subject to vesting, they do not represent an immediate market purchase or sale and should be interpreted as compensation rather than a direct bullish or bearish trade.