Form 4: Eagle Bancorp EVP/CCO Janice L. Williams Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Janice L. Williams, EVP/CCO of Eagle Bancorp, disposed of 875 shares of common stock on February 14, 2025, to cover tax withholding obligations related to a restricted stock award.
Summary
- On February 14, 2025, Janice L. Williams, the EVP/CCO of Eagle Bancorp Inc. (EGBN), disposed of 875 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of a restricted stock award granted on February 14, 2022.
- The shares were disposed of at a price of $25.65 per share.
- Following the transaction, Williams directly owns 104,207 shares of Eagle Bancorp common stock.
Sentiment
Score: 5
Explanation: The document reflects a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/14/2022 | Date of the restricted stock award grant. |
| 02/14/2025 | Date of the stock disposal to cover tax obligations. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, EGBN, Eagle Bancorp, Janice L. Williams, Stock Disposal, Tax Withholding, Restricted Stock
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