Nigro Todd Anthony 4
4 · GBank Financial Holdings Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
GBank Financial (GBFH) Director Todd Nigro Receives Stock Award
What Happened
Todd Anthony Nigro, Secretary and Director of GBank Financial Holdings, received two director compensation grants on July 7, 2026: 318 shares at $27.16 each (value $8,637) and 154 shares at $30.12 each (value $4,638), for a total of 472 shares valued at approximately $13,275. These transactions are reported as acquisitions (award/grant) under the director compensation plan.
Key Details
- Transaction date: 2026-07-07 (reported on Form 4 filed 2026-07-09). The filing appears timely for a routine director award.
- Grants: 318 shares @ $27.16 (value $8,637) and 154 shares @ $30.12 (value $4,638); total 472 shares, ~ $13,275.
- Transaction code: A = Award/Grant under the director compensation plan (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing data.
- Notable footnotes:
- F1: Shares granted under the director compensation plan.
- F2/F3: The reporting person disclaims beneficial ownership of certain securities held by EVOL Capital Holdings LLC and disclaims beneficial ownership of some reported securities; this means some reported shares may be attributed for reporting purposes but not necessarily beneficially owned by him.
- No indication in the filing that shares were sold or immediately transferred (this was an award, not a sale).
Context
Director awards are typically part of routine compensation and do not by themselves indicate the director is buying stock as a personal investment. Footnotes disclaiming beneficial ownership are common when an insider has interests through entities (e.g., EVOL Capital Holdings LLC) and clarify reporting mechanics rather than investment intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-07$27.16/sh+318$8,637→ 11,619 total - Award
Common Stock
[F1]2026-07-07$30.12/sh+154$4,638→ 11,773 total
- 281,494(indirect: By LLC)
Common Stock
[F2] - 12,880(indirect: By Trust)
Common Stock
[F3] - 12,880(indirect: By Trust)
Common Stock
[F3] - 12,880(indirect: By Trust)
Common Stock
[F3] - 12,880(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Shares granted under the director compensation plan.
- [F2]The Reporting Person disclaims beneficial ownership of the securities owned by EVOL Capital Holdings LLC, a Nevada limited liability company except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.