Lux Marshall 4

What Happened Lux Marshall, a director of Flagstar Bank (NYSE: FLG), was granted 9,939 shares as an award (transaction code A) on January 27, 2026. The filing reports an acquisition price of $0.00 (no cash paid). A footnote clarifies these are service-based restricted stock units (RSUs) that will vest into common stock over time.

Key Details

• Transaction date: 2026-01-27; reported on Form 4 filed 2026-01-29 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares reported: 9,939 RSUs granted; reported acquisition price: $0.00.
• Footnote: F1 — total includes service-based RSUs that vest over the passage of time.
• Shares owned after transaction: not specified in the filing.

Context This was a grant of restricted stock units, not an open-market purchase or sale. RSU awards are compensation and typically vest according to service or performance schedules, so they do not represent an immediate cash investment or sale by the insider. No indication of tax withholding, sale-to-cover, or 10b5-1 plan was disclosed in the filing.