Smith Greg L sold LBC
February 20, 2024 · Form 4 insider transaction
Smith Greg L sold 2,331 shares of LBC at $9.61 per share, a transaction worth $22.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
2,331
Price
$9.61
Total value
$22.4K
InsiderSmith Greg L
Role—
CompanyLBC
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateFebruary 20, 2024
Filing dateFebruary 21, 2024
Shares owned after6,716
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Reflects payment of tax liability by withholding shares of stock incident to accelerated vesting of restricted stock or the release of restricted stock units previously issued. The accelerated vesting or the release of stock was in connection with the Agreement and Plan of Reorganization between the Issuer and WaFd, Inc. ("WaFd," f/k/a Washington Federal, Inc.), dated November 13, 2022, as amended, pursuant to which the Issuer plans to merge with and into WaFd on or about February 29, 2024.