NORTHPOINTE BANCSHARES INC·4

Apr 2, 4:09 PM ET

Comps Kevin J 4

Research Summary

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Northpointe (NPB) President Kevin J. Comps Receives 9,333 RSUs

What Happened

  • Kevin J. Comps, President & Secretary of Northpointe Bancshares, reported that 9,333 restricted stock units (RSUs) vested and converted into 9,333 shares on April 1, 2026.
  • To satisfy tax withholding, 4,017 of those shares were withheld/disposed at an implied value of $17.26 per share, totaling $69,333. Net shares added = 9,333 acquired − 4,017 withheld = 5,316 shares.

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely).
  • Conversion entries shown as "M" (exercise/conversion of derivative) at $0.00 per share for 9,333 shares (RSU conversion).
  • Withholding shown as "F" (payment of exercise price or tax liability) — 4,017 shares disposed at $17.26, value $69,333.
  • Footnotes: F1 = RSUs convert one-for-one into common stock; F2 = 9,333 RSUs vested on April 1, 2026.
  • Shares owned after the transaction are not specified in the provided summary filing.

Context

  • This was a routine compensation event: RSUs vested and were converted into shares, with a portion withheld to cover taxes (not an open-market sale). Such withholding transactions are common and reflect payroll/tax processing rather than a discretionary sale by the insider.