Bank7 (BSVN) Douglas A. Haines, Regional Pres., Receives 2,500 RSUs
$BSVN · Bank7 Corp.Research Summary
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Bank7 (BSVN) Douglas A. Haines, Regional Pres., Receives 2,500 RSUs
What Happened
Douglas A. Haines, Regional President of Western Oklahoma & Kansas for Bank7 Corp. (BSVN), was granted 2,500 restricted stock units (RSUs) on July 29, 2026. The award was recorded at $0.00 per share (no cash exchanged). The RSUs vest in four equal annual installments on July 29 of 2027, 2028, 2029 and 2030 (625 RSUs vest each year). This was an equity compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date and code: 2026-07-29; code A (award/grant). Report filed 2026-07-30 (filed the next day; appears timely).
- Price/Value: $0.00 per share; total immediate cash outlay = $0.
- Vesting: 2,500 RSUs vest in four equal installments (625 RSUs each) on 7/29/2027, 2028, 2029 and 2030 (see footnote F1).
- Shares owned after transaction: Not specified in the supplied data.
- Other footnotes in the filing (F2–F4) reference previously granted RSUs with staggered vesting (additional legacy grants vesting on Feb 15 in prior years); those are separate from this July 29, 2026 award.
Context
RSUs are a form of compensation that convert to shares only when they vest; no immediate sale or cashless exercise occurred. Such grants are common for retention and compensation purposes and do not by themselves indicate insider buying or selling sentiment. If and when RSUs vest, they typically become taxable and may be withheld for taxes or converted to shares per company policy, which would be reported in subsequent filings.