Boer Carrie L 4

What Happened
Carrie L. Boer, a director of Northpointe Bancshares, was granted 2,606 restricted stock units (RSUs) on May 13, 2026. The award was reported as an A (award/grant) on a Form 4; there was no cash purchase price reported. The RSUs are a derivative award that convert into common shares on a one-for-one basis as they vest.

Key Details

• Transaction date: May 13, 2026 (Form 4 filed June 17, 2026). The filing was submitted 35 days after the transaction date (late relative to the usual two-business-day Form 4 deadline).
• Amount and price: 2,606 RSUs granted at $0.00 (no cash paid).
• Vesting: RSUs vest in three approximately equal annual installments on May 13, 2027, 2028 and 2029 (per filing footnotes).
• Shares owned after transaction: not specified in the filing.
• Transaction type: Award/Grant of RSUs (derivative), not an open-market purchase or sale.

Context
RSU grants are common compensation for directors and employees; they do not represent an immediate purchase or sale and only convert into shares as they vest. The late filing affects disclosure timeliness but does not change the economic terms of the award.