Mahan Oscar Leland 4

What Happened
Mahan Oscar Leland, a director of John Marshall Bancorp, purchased 179 shares on 2026-06-03 at $21.03 per share for a total of $3,764. The transaction is reported as a purchase (code P) and the filing notes the acquisition was through reinvestment of cash dividends.

Key Details

• Transaction date and price: 2026-06-03 — 179 shares at $21.03 each (total $3,764).
• Method: Reported as an open market or private purchase; footnote F1 specifies reinvestment of cash dividends.
• Shares owned after transaction: Filing indicates holdings include 2,706 shares relating to unvested restricted stock awards (footnote F2). The filing’s exact total post-transaction beneficial ownership figure was not provided here.
• Filing: Reported on 2026-06-05 — appears timely (within the usual 2-business-day Form 4 reporting window).
• Codes/notes: P = Purchase; F1 = dividend reinvestment; F2 = includes unvested restricted stock issuable upon vesting.

Context
This is a small-value purchase (about $3.8k) by a board director and was executed via dividend reinvestment, which is commonly a routine way insiders add to holdings. Unvested restricted shares noted in F2 are not immediately tradable until they vest. This filing is informational and does not by itself indicate the insider’s broader sentiment or future company performance.