Form 4: VWF Bancorp Chief Risk Officer Acquires Incentive Stock Options
SEC Form 4 Filing
Andrew D. Holy, Chief Risk Officer of VWF Bancorp, Inc., reports the acquisition of incentive stock options.
Summary
- On February 29, 2024, Andrew D. Holy, the Chief Risk Officer of VWF Bancorp, Inc. (VWFB), acquired 2,500 incentive stock options.
- The exercise price of these options is $16.25.
- The options become exercisable on February 28, 2027, and expire on February 28, 2034.
- Following this transaction, Mr. Holy directly owns 2,500 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock option grants, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The grant of stock options aligns the interests of the Chief Risk Officer with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Andrew D. Holy acquired incentive stock options. |
| 02/28/2027 | Date the incentive stock options become exercisable. |
| 02/28/2034 | Expiration date of the incentive stock options. |
| 03/04/2024 | Date of signature on the SEC Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.