Form 4: EGBN Executive Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


EAGLE BANCORP's EVP, Chief Credit Officer, Kevin P. Geoghegan, disposed of 624 shares of common stock to cover tax withholding obligations from a restricted stock award.

Summary

  • Kevin P. Geoghegan, EVP and Chief Credit Officer of EAGLE BANCORP INC (EGBN), reported a transaction involving company common stock.
  • On September 15, 2025, Mr. Geoghegan disposed of 624 shares of EGBN common stock.
  • The shares were disposed of at a price of $20.47 per share.
  • This transaction was conducted to satisfy tax withholding obligations related to the partial vesting of a restricted stock award.
  • The restricted stock award was originally granted on September 15, 2024.
  • Following this transaction, Mr. Geoghegan beneficially owns 6,105 shares of EAGLE BANCORP INC common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax withholding purposes related to executive compensation. It does not indicate any positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

No forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies that grant equity awards.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or strategic direction.

Key Dates

DateDescription
09/15/2024Date of grant for the restricted stock award.
09/15/2025Transaction date for the disposal of shares to satisfy tax withholding obligations, coinciding with the partial vesting of a restricted stock award.
09/25/2025Date the Form 4 was signed by the reporting person.

Keywords

EAGLE BANCORP, EGBN, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation, Kevin P. Geoghegan

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