Form 4: NorthPointe Bancshares CEO Charles Alan Williams Reports Stock Transactions
SEC Form 4 Filing
Charles Alan Williams, Chairman and CEO of NorthPointe Bancshares, reports the vesting and conversion of restricted stock units and subsequent disposal of shares on April 1, 2025.
Summary
- On April 1, 2025, Charles Alan Williams, Chairman and CEO of NorthPointe Bancshares, reported transactions involving the company's common stock.
- Williams converted 49,560 restricted stock units (RSUs) into common stock.
- Following the conversion, Williams disposed of 49,560 shares of common stock.
- After the reported transactions, Williams directly owns 208,130 derivative securities.
- Williams indirectly owns 2,353,090 shares through the Charles A Williams Trust and 715,471 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and assess their confidence in the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal given the size of the transactions relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the reported stock transactions, including RSU conversion and stock disposal. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
NorthPointe Bancshares, Charles Alan Williams, Form 4, Stock Transaction, Restricted Stock Units, Common Stock, Beneficial Ownership, SEC Filing
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