Form 4: Central Plains Bancshares CFO Acquires Shares and Stock Options

Central Plains Bancshares' CFO, Bradley M. Kool, acquired 9,000 shares of common stock and 20,000 stock options on January 10, 2025.

Summary

• Bradley M. Kool, the 1st VP and CFO of Central Plains Bancshares, Inc., reported a transaction on January 10, 2025.
• Mr. Kool acquired 9,000 shares of common stock at a price of $0.
• He also acquired 20,000 stock options with an exercise price of $14.79.
• The stock options vest at a rate of 20% per year starting January 10, 2026, and expire on January 10, 2035.
• The restricted stock also vests at a rate of 20% per year commencing on January 10, 2026.
• Following the transaction, Mr. Kool directly owns 10,200 shares of common stock and 20,000 stock options.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of insider transactions. It is neither particularly positive nor negative, but the acquisition of shares and options by the CFO could be seen as a slightly positive sign of confidence.

Positives

• The acquisition of shares and stock options by the CFO could indicate confidence in the company's future performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It is a routine disclosure and does not indicate any specific industry trend.

Comparison to Industry Standards

• The vesting schedule of 20% per year for both stock options and restricted stock is a fairly standard practice in the industry.
• The exercise price of $14.79 for the stock options is specific to Central Plains Bancshares and would need to be compared to other similar sized banks to determine if it is in line with industry standards.
• The reporting of these transactions is a standard requirement for all publicly traded companies in the US.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the CFO's increased stake in the company.

Key Dates

Keywords

Central Plains Bancshares, CPBI, CFO, stock options, share acquisition, insider trading, Form 4, equity