LaPlaca Theresa G. 4
Research Summary
AI-generated summary
Eagle Bancorp Director Theresa LaPlaca Receives Restricted Stock Award
What Happened
- Theresa G. LaPlaca, a director of Eagle Bancorp Inc. (EGBN), was granted 9,073 shares as a time‑vested restricted stock award on 2026-02-19. The award is reported at $0.00 in the filing (transaction code A) and was disclosed on Form 4 filed 2026-02-23.
- This is a grant/award (not an open‑market purchase or sale) and does not reflect an immediate cash outlay by the insider.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23.
- Shares granted: 9,073; Reported price per share: $0.00 (award).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: Award is time‑vested under the 2025 Equity Incentive Plan — vests on the first anniversary of the grant and must be held for an additional two‑year holding period after vesting (total restricted period = ~3 years from grant) (see footnote F1).
- Timeliness: Filed within the normal Form 4 window (reported 2026-02-23 for a 2026-02-19 grant).
Context
- Restricted stock awards to directors are a common form of long‑term compensation and include holding/vesting requirements; they are not an immediate market purchase (so they don't directly signal buying interest) but do increase the director’s future stake once vested.