Riel Ryan 4

What Happened Riel Ryan, Senior Executive Vice President of Eagle Bancorp (EGBN), had shares withheld to satisfy tax withholding obligations tied to partial vesting of restricted stock. On 2026-02-12, 1,610 shares were withheld at $26.10 each (value $42,021). On 2026-02-13, 980 shares were withheld at $26.26 each (value $25,735). These withholdings are coded as "F" (tax withholding/disposition), not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-02-12: 1,610 shares withheld @ $26.10 = $42,021 (F)
  • 2026-02-13: 980 shares withheld @ $26.26 = $25,735 (F)
• Total shares withheld: 2,590; total value ≈ $67,756.
• Holdings after transaction: the filing does not state a full post-transaction total; it notes the reporting person's holdings include 105 shares acquired under the Eagle Bancorp 2021 ESPP on 2025-12-31 (Footnote F2).
• Notable footnotes:
  • F1: Withholding for partial vesting of restricted stock awarded 2024-02-12.
  • F3: Withholding for partial vesting of restricted stock awarded 2023-02-13.
• Filing timeliness: The Form 4 was filed 2026-02-17 for transactions on 2026-02-12 and 2026-02-13, which appears to be later than the typical 2-business-day reporting window.

Context These transactions are share-withholdings to cover tax obligations on vested restricted stock—common, administrative dispositions that don't necessarily indicate buying/selling sentiment. They differ from open-market sales because shares are retained or surrendered to the company to satisfy taxes rather than sold on the market for cash proceeds to the insider.