Frank Alan L 4
Research Summary
AI-generated summary
Flagstar Bank (FLG) Director Frank Alan L Receives 9,939-Share Award
What Happened
- Frank Alan L, a director of Flagstar Bank (NYSE: FLG), was granted 9,939 restricted stock units (RSUs) on 2026-01-27. The award was reported on a Form 4 filed 2026-01-29. The reported acquisition price is $0.00, consistent with a compensatory RSU grant rather than a purchase.
Key Details
- Transaction type/code: Award/Grant (A) — 9,939 RSUs
- Transaction date: 2026-01-27; Form 4 filed: 2026-01-29
- Price per share reported: $0.00 (typical for RSU grants)
- Shares owned after transaction: not disclosed in this filing
- Footnote: F1 — these are service-based RSUs that will vest into shares of common stock over time
- Timeliness: Filed within two business days of the reported transaction (not marked late)
Context
- This was an equity compensation grant, not an open-market buy or sale. RSU awards are common for director compensation and vest over time according to the company’s plan; they do not necessarily indicate immediate buying or selling intent.