NORTHPOINTE BANCSHARES INC·4/A

Jun 18, 4:02 PM ET

Chaudhary Rajeev Kumar 4/A

4/A · NORTHPOINTE BANCSHARES INC · Filed Jun 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Northpointe (NPB) Director Chaudhary Rajeev Kumar Receives RSU Award

What Happened
Chaudhary Rajeev Kumar, a director of Northpointe Bancshares, was granted 2,606 restricted stock units (RSUs) on May 13, 2026. The award is recorded as a derivative acquisition at $0.00 (an equity award rather than a cash purchase); no immediate cash changed hands.

Key Details

  • Transaction date and type: 2026-05-13 — Grant/award of 2,606 RSUs (derivative, reported at $0.00).
  • Shares owned after transaction: Not disclosed in this filing.
  • Vesting and conversion: RSUs convert one-for-one into common shares (Footnote F1) and vest in one annual installment on May 13, 2027 (Footnote F2).
  • Amendment: This is an amended Form 4 filed June 18, 2026 to correct the previously misstated vesting schedule (Footnote F3).
  • Filing timeliness: The filing is an amendment; it corrects prior disclosure but does not itself change the nature of the award.

Context
RSUs are a form of compensation that convert into actual shares only when they vest; this grant does not represent an immediate market purchase or sale. For retail investors, such awards indicate executive/director compensation but are not the same signal as an outright purchase of shares by an insider.

Insider Transaction Report

Form 4/AAmended
Period: 2026-05-13
Transactions
  • Award

    Restricted stock units

    [F1][F2][F3]
    2026-05-13+2,6062,606 total
    Common Stock (2,606 underlying)
Footnotes (3)
  • [F1]Restricted stock units ("RSUs") convert into shares of the issuer's common stock on a one-for-one basis.
  • [F2]The RSUs vest in one annual installment on May 13, 2027.
  • [F3]This amendment is being filed solely to correct the vesting schedule of the RSUs, which was inadvertently described incorrectly in the original Form 4.
Signature
/s/ Kevin J. Comps, Attorney-in-Fact|2026-06-18

Documents

1 file
  • 4
    wk-form4a_1781812967.xml

    FORM 4/A