Lamba Lakhbir S. 4
Research Summary
AI-generated summary
Regional Management (RM) CEO Lamba Lakhbir Receives Award of 36,613 Shares
What Happened
- Lamba Lakhbir S., President and CEO and a director of Regional Management Corp. (RM), was granted 36,613 shares on 2026-05-13. The shares were reported as acquired at $0.00 (transaction code A — award/grant). The Form 4 was filed on 2026-05-15.
- This was an award/grant (compensation) rather than an open-market purchase or sale. The filing shows no cash paid for the shares; the report does not state a cash value or whether shares are restricted or subject to vesting.
Key Details
- Transaction date: 2026-05-13; Filing date: 2026-05-15 (timely filing).
- Shares granted: 36,613; Price per share reported: $0.00; cash consideration: $0.
- Transaction code: A (award/grant).
- Shares owned after the transaction: not specified in the Form 4 filing provided.
- No footnotes or 10b5-1/withholding details were included in the supplied information.
Context
- Grants/awards are typically part of executive compensation (e.g., restricted stock or RSUs) and may vest over time or be subject to forfeiture; the filing does not specify vesting or tax-withholding mechanics. Such awards are compensation events and do not by themselves indicate an open-market bullish or bearish signal. Investors who want more detail should review the company’s proxy statement or subsequent filings for the executive compensation plan and vesting terms.