Freidkin Steven 4
Research Summary
AI-generated summary
Eagle Bancorp (EGBN) Director Steven Freidkin Receives Award
What Happened
Steven Freidkin, a director of Eagle Bancorp, was granted 9,073 restricted shares (transaction code A) on 2026-02-19. The shares were reported as granted at $0.00 (no cash paid). This is a compensation award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (filed within the typical two-business-day reporting window).
- Shares granted: 9,073; grant price reported: $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: Award is time‑vested restricted stock 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.
- Transaction type: Award/Grant (A); not a sale or purchase.
Context
Restricted stock awards are a standard form of long‑term compensation and are subject to vesting and holding restrictions, so they do not indicate immediate buying or selling activity. Because the award must vest and then be held for two more years, it reduces near‑term tradability of these shares.