Form 4: Director Donald E. Beeler Jr. Acquires RBKB Shares
Statement of Changes in Beneficial Ownership
Director Donald E. Beeler Jr. was granted 1,624 shares of restricted stock in Rhinebeck Bancorp, Inc.
Summary
- Director Donald E. Beeler Jr. acquired 1,624 shares of common stock in Rhinebeck Bancorp, Inc. (RBKB) on May 26, 2026.
- The shares were acquired at a price of $0, representing a restricted stock grant.
- Following this transaction, the director's total direct beneficial ownership of common stock increased to 3,211 shares.
- The restricted stock is subject to a vesting schedule of 33 1/3% per year, beginning on May 26, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine director compensation grant rather than a market-driven purchase or sale.
Positives
- Increased equity alignment between the director and shareholders through the acquisition of 1,624 shares.
Negatives
- None identified.
Risks
- Vesting schedule requires continued service to the company to realize the full value of the restricted stock grant.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a disclosure of insider transaction activity.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices intended to align board member interests with long-term shareholder value in the regional banking sector.
Comparison to Industry Standards
- The use of restricted stock grants with multi-year vesting schedules is consistent with standard executive and director compensation practices among U.S. regional banks.
- The director's total ownership remains modest relative to institutional holdings, which is typical for non-executive board members in this market cap tier.
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation.
Next Steps
- Vesting of the first tranche of restricted stock on May 26, 2027.
Key Dates
| Date | Description |
|---|---|
| 08/25/2021 | Initial exercisable date for existing stock options. |
| 08/25/2030 | Expiration date for existing stock options. |
| 05/26/2026 | Transaction date for the acquisition of restricted stock. |
| 05/26/2027 | Commencement of the vesting schedule for the new restricted stock. |
| 05/28/2026 | Filing date of the Form 4. |
Keywords
Rhinebeck Bancorp, RBKB, Form 4, Insider Trading, Director Ownership, Restricted Stock
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