Form 4: SR Bancorp Executive Chair Exercises Stock Options

SR Bancorp's Executive Chair, David M. Orbach, exercised stock options to acquire 19,016 shares of common stock.

Summary

• David M. Orbach, Executive Chair and Director of SR Bancorp, Inc. (SRBK), acquired 19,016 shares of common stock through the exercise of stock options.
• The transaction occurred on January 30, 2026, at an exercise price of $12.5 per share.
• Following this transaction, Mr. Orbach directly beneficially owns 213,949 shares of common stock.
• Indirect beneficial ownership includes 7,500 shares held by children and 3,048 shares held by an ESOP.
• The direct beneficial ownership includes restricted stock that vests at a rate of 20% per year, commencing on January 29, 2026, and December 17, 2026.
• Mr. Orbach continues to hold 76,063 stock options with an exercise price of $12.5, which vest at 20% per year commencing January 29, 2026, and expire on January 29, 2035.
• Additionally, he holds 4,754 stock options with an exercise price of $16.55, which vest at 20% per year commencing December 17, 2026, and expire on December 17, 2035.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as the Executive Chair's decision to exercise options and increase direct ownership suggests confidence in SR Bancorp's long-term value.

Positives

• The Executive Chair's exercise of stock options and subsequent increase in direct beneficial ownership can signal confidence in the company's future prospects.

Future Outlook

The filing indicates future vesting schedules for restricted stock and stock options held by the Executive Chair, with vesting commencing on January 29, 2026, and December 17, 2026, and option expiration dates extending to January 29, 2035, and December 17, 2035.

Industry Context

StockSavvy.ai notes that insider transactions, such as the exercise of stock options by a key executive, are often monitored by investors as they can provide insights into management's perception of the company's value and future performance, particularly within the banking sector where stability and long-term growth are key.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive indicator of management's commitment and belief in the company's future.

Next Steps

• Continued vesting of restricted stock and stock options held by David M. Orbach according to the specified schedules.

Key Dates

Keywords

SRBK, SR Bancorp, David M. Orbach, Insider Transaction, Stock Options, Executive Compensation, Beneficial Ownership, Form 4