Herbst Timothy P 4
4 · GBank Financial Holdings Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
GBank Financial (GBFH) Director Timothy P. Herbst Receives 661 Shares
What Happened Timothy P. Herbst, a director of GBank Financial Holdings Inc. (GBFH), received two equity awards on July 7, 2026 totaling 661 shares. The grants were 382 shares at $27.16 each (≈ $10,375) and 279 shares at $30.12 each (≈ $8,403), for a combined value of about $18,778. These were award/acquisition transactions (code “A”) — grants under the company’s director compensation plan, not open-market purchases.
Key Details
- Transaction date: 2026-07-07; Filing date: 2026-07-09 (filed within two business days, appearing timely).
- Awards: 382 shares @ $27.16 (≈ $10,375) and 279 shares @ $30.12 (≈ $8,403); total 661 shares (≈ $18,778).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: F1 — shares granted under director’s compensation plan.
- Transaction type: A = Grant/Award (routine compensation for a director).
Context These grants are routine director compensation and do not necessarily indicate the director is buying stock on the open market. For retail investors, awards can align director interests with shareholders but are often part of standard pay practices for board members.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-07$27.16/sh+382$10,375→ 25,379 total - Award
Common Stock
[F1]2026-07-07$30.12/sh+279$8,403→ 25,658 total
- 317,126(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Shares granted under director's compensation plan