CLAXTON TIMOTHY L. 4
Research Summary
AI-generated summary
SB Financial (SBFG) Director Timothy Claxton Receives RSU Award
What Happened
- Timothy L. Claxton, a director of SB Financial Group, Inc. (SBFG), was granted 1,150 restricted stock units (reported as an acquisition) on February 5, 2026. The award is reported at $22.14 per share for a total reported value of $25,461. This was an equity award under the company plan (not an open‑market purchase or sale).
Key Details
- Transaction date: 2026-02-05; filing date: 2026-02-06 (filed the next day; appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,150 RSUs reported at $22.14 per share; total value reported $25,461.
- Footnote: The shares were acquired pursuant to a grant of restricted stock units under the company’s stock incentive plan.
- Shares owned after the transaction: Not specified in the provided filing.
Context
- RSU grants are typically compensation and generally subject to vesting and other plan terms; they represent an award of future stock rather than an immediate market purchase. Such grants do not necessarily indicate the director’s near‑term buying or selling intent.