NORTHPOINTE BANCSHARES INC·4/A

Jun 18, 4:02 PM ET

Boer Carrie L 4/A

Research Summary

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Northpointe Bancshares (NPB) Director Carrie Boer Receives RSU Award

What Happened

  • Carrie L. Boer, a director of Northpointe Bancshares, was granted 2,606 restricted stock units (RSUs) on May 13, 2026. The grant is recorded at $0.00 per share (derivative award); no cash changed hands. The RSUs convert one-for-one into common shares upon vesting and are scheduled to vest in one annual installment on May 13, 2027.

Key Details

  • Transaction date: 2026-05-13; Filing (amendment) date: 2026-06-18.
  • Award: 2,606 RSUs; reported acquisition price $0.00 (derivative).
  • Vesting: RSUs vest in one annual installment on May 13, 2027 (footnote correction).
  • Conversion: RSUs convert into common stock on a one-for-one basis (footnote).
  • Filing status: This is an amended Form 4 filed to correct the originally misstated vesting schedule.
  • Shares owned after transaction: not specified in the provided summary.

Context

  • RSU grants are a common form of equity compensation for directors and do not represent an immediate market purchase or sale. Because the RSUs vest in 2027, no shares were delivered at grant and there was no immediate sale. The amendment indicates the registrant corrected the vesting description; the later filing date suggests the original Form 4 contained the incorrect vesting details rather than a new transaction.