Form 4: Eagle Bancorp CEO's Routine Stock Withholding for Taxes
Insider Transaction Report
Eagle Bancorp's President & CEO, Susan G. Riel, reported routine share withholdings to cover tax obligations from restricted stock awards.
Summary
- Susan G. Riel, President & CEO and Director of Eagle Bancorp Inc. (EGBN), reported two transactions involving the disposition of common stock.
- On February 12, 2026, 5,862 shares were withheld at a price of $26.1 per share to satisfy tax withholding obligations related to the partial vesting of a restricted stock award granted on February 12, 2024.
- On February 13, 2026, an additional 3,821 shares were withheld at a price of $26.26 per share for tax withholding obligations associated with the partial vesting of a restricted stock award granted on February 13, 2023.
- Following these transactions, Susan G. Riel beneficially owns 316,671 shares of Eagle Bancorp common stock, which includes 175 shares acquired under the Eagle Bancorp, Inc. 2021 Employee Stock Purchase Plan on December 31, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the reported transactions are routine share withholdings for tax purposes related to restricted stock awards, not discretionary sales.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine tax-related share withholdings are common for executives receiving equity compensation and typically do not signal changes in company fundamentals or management's outlook.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are non-discretionary tax-related transactions, not indicative of a change in management's confidence or company performance.
Key Dates
| Date | Description |
|---|---|
| 02/13/2023 | Grant date of a restricted stock award, partially vesting on February 13, 2026. |
| 02/12/2024 | Grant date of a restricted stock award, partially vesting on February 12, 2026. |
| 12/31/2025 | Acquisition of 175 shares under the Eagle Bancorp, Inc. 2021 Employee Stock Purchase Plan. |
| 02/12/2026 | Transaction date for withholding 5,862 shares for tax obligations. |
| 02/13/2026 | Transaction date for withholding 3,821 shares for tax obligations. |
| 02/16/2026 | Filing date of the Statement of Changes in Beneficial Ownership. |
Recommendation
holdThe filing details routine, non-discretionary share withholdings by the CEO to cover tax liabilities from restricted stock awards. These transactions do not reflect a change in the executive's investment thesis or the company's operational performance, thus providing no new basis for a change in investment recommendation.
Keywords
Eagle Bancorp, EGBN, Susan G. Riel, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, CEO, Director
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