Raffetto Richard A 4

What Happened

• Richard A. Raffetto, Senior EVP and President of Commercial & Private Banking at Flagstar Bank (NYSE:FLG), was granted 245,902 restricted stock units (RSUs) on 2026-03-15. The Form 4 reports an acquisition price of $0.00 (typical for compensation grants); the units will vest into common shares over time per the plan.

Key Details

• Transaction date: 2026-03-15; Filing date: 2026-03-17 (timely — Form 4 filed within required window).
• Grant: 245,902 RSUs; reported acquisition price: $0.00; total $ value not listed on the Form 4 (grant value depends on future share price at vesting).
• Shares owned after transaction: not reported on this filing.
• Footnote: F1 — total includes service‑based restricted stock units that will vest in shares of the issuer’s common stock over the passage of time.
• No 10b5-1 plan, sale, purchase, tax withholding, or option exercise reported in this filing.

Context

• RSU grants are a form of compensation and vest over a set schedule; they are not an immediate purchase or sale and don't by themselves signal buying/selling intent. Investors typically view awards as part of pay and retention programs rather than direct insider market sentiment.