Brockwell Matthew D 4
Research Summary
AI-generated summary
Eagle Bancorp Director Matthew Brockwell Receives 9,073-Share Award
What Happened Matthew D. Brockwell, a director of Eagle Bancorp, received an award of 9,073 restricted shares (transaction code A) on February 19, 2026. The shares were granted at $0.00 (no cash purchase); the filing lists the award under the 2025 Equity Incentive Plan and shows a reported value of $0 for acquisition purposes. This is a grant of equity compensation (not a market purchase or sale).
Key Details
- Transaction date: 2026-02-19; Grant price recorded: $0.00.
- Award size: 9,073 restricted shares (code A).
- Vesting/holding: Award vests on the first anniversary of the grant and must be held for an additional two‑year holding period after vesting (per footnote).
- Plan: 2025 Equity Incentive Plan (time‑vested restricted stock).
- Shares owned after transaction: not specified in the excerpt of the filing provided.
- Filing date: 2026-02-23; filing appears to be within the SEC’s 2 business‑day Form 4 timing requirement (timely).
Context Restricted stock grants are a form of compensation intended to align directors with shareholders; they are not the same as an outright purchase and do not necessarily signal a personal cash investment. Because these shares vest in one year and carry an additional two‑year holding requirement, Brockwell cannot freely sell them immediately after vesting.