Lawrence David F. 4/A
4/A · NORTHPOINTE BANCSHARES INC · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Northpointe (NPB) Director Lawrence David Receives RSU Award
What Happened
- Lawrence David, a director of Northpointe Bancshares, received a grant of 2,606 restricted stock units (RSUs) on May 13, 2026. The RSUs are reported as a derivative award at $0.00 per share (total reported value $0 because this is an equity award, not a cash purchase or sale). This transaction is an award/grant (Form 4 code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-13; reported via an amended Form 4 filed 2026-06-18 to correct the vesting schedule.
- Grant: 2,606 RSUs; reported price $0.00 (award).
- Vesting: RSUs convert one-for-one into common shares and vest in one annual installment on May 13, 2027 (Footnotes F1–F2).
- Amendment note: The filing was amended solely to correct an earlier, incorrect description of the RSU vesting schedule (Footnote F3).
- Shares owned after the transaction: not specified in the information provided.
Context
- RSUs are a form of deferred equity that convert to actual shares when they vest; they are not an immediate market purchase or sale and do not by themselves signal a buy or sell decision. The amendment clarifies timing of when these units will convert to shares (May 13, 2027).
Insider Transaction Report
Form 4/AAmended
Lawrence David F.
Director
Transactions
- Award
Restricted stock units
[F1][F2][F3]2026-05-13+2,606→ 2,606 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