SB FINANCIAL GROUP, INC.·4/A

Feb 6, 3:21 PM ET

WALZ STEVEN A. 4/A

Research Summary

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SB Financial (SBFG) EVP Steven Walz Receives RSU Award

What Happened
Steven A. Walz, EVP of a subsidiary of SB Financial Group, received a grant of 3,672 restricted stock units (RSUs) on February 5, 2026. To satisfy tax withholding on the grant, 878 shares were withheld at $22.14 per share (value ≈ $19,439), leaving a net issuance of 2,794 shares to Mr. Walz. This filing is marked as an amendment to the originally filed report.

Key Details

  • Transaction date: 2026-02-05 (reported in an amended Form 4 filed 2026-02-06).
  • Award: 3,672 RSUs granted (transaction code A) with $0.00 per-share acquisition price recorded for the grant.
  • Tax withholding: 878 shares withheld (transaction code F) at $22.14 per share, total ≈ $19,439.
  • Net shares issued to insider: 2,794 (3,672 grant − 878 withheld).
  • Shares owned after transaction: Not reported in the information provided in this filing.
  • Footnote: RSUs were granted under the company’s Stock Incentive Plan (per filing footnote).
  • Timeliness: Filed the next day and subsequently amended; no late-report flag shown in the provided data.

Context
This was a compensatory RSU award, not an open-market purchase or sale. The withholding of shares is a routine tax-related action and does not itself indicate a buy/sell market signal. For RSU grants, investors typically view the award as compensation rather than a direct bullish or bearish insider market move.