Form 4: Director Freddimir Garcia Acquires Rhinebeck Bancorp Shares

Director Freddimir Garcia acquired 1,624 shares of restricted common stock in Rhinebeck Bancorp, Inc. on May 26, 2026.

Summary

• Director Freddimir Garcia was granted 1,624 shares of restricted common stock.
• The transaction occurred on May 26, 2026.
• The shares were acquired at a price of $0 per share.
• Following this transaction, the director's total direct beneficial ownership is 4,798 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Increased equity alignment between the director and shareholders.
• The grant of restricted stock serves as a long-term retention and performance incentive.

Negatives

• NA

Risks

• Restricted stock is subject to a vesting schedule, meaning the director does not have immediate full ownership of the granted shares.

Future Outlook

The restricted stock will vest at a rate of 33 1/3% per year starting May 26, 2027.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member interests with long-term shareholder value in the regional banking sector.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices for small-cap financial institutions.
• The vesting schedule of 33 1/3% annually is a common retention mechanism in the banking industry.

Stakeholder Impact

• Shareholders benefit from increased director alignment with company performance.

Next Steps

• Vesting of the first tranche of restricted shares on May 26, 2027.

Key Dates

Keywords

Rhinebeck Bancorp, RBKB, Form 4, Insider Trading, Director Compensation, Equity Grant