A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Forbright, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 10 compensation award and 1 tax withholding. None of the classified filings involved a discretionary open-market trade, so this period says nothing about what insiders think of the price.
Form 4
Compensation award
Tax / Compensation Filing
2026-08-14
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Sachs Lewis A (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
D |
Disposition to issuer
|
1,095,351 |
— |
— |
A |
Compensation award
|
1,095,351 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Sachs Lewis A (Director)
Shares: 2,190,702
Form 4
Tax withholding
Tax / Compensation Filing
2026-08-11
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Lynch Christopher Spencer (EVP and CFO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
4,915 |
$19.08 |
$93.8K |
Filing: Form 4 (Insider Transaction)
Insider: Lynch Christopher Spencer (EVP and CFO)
Shares: 4,915
Form 4
Compensation award
Tax / Compensation Filing
2026-07-17
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
FISH JASON M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
205 |
$18.68 |
$3.8K |
Filing: Form 4 (Insider Transaction)
Insider: FISH JASON M (Director)
Shares: 205
Form 4
Compensation award
Tax / Compensation Filing
2026-07-17
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Shafran Steven M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
235 |
$18.68 |
$4.4K |
Filing: Form 4 (Insider Transaction)
Insider: Shafran Steven M (Director)
Shares: 235
Form 4
Compensation award
Tax / Compensation Filing
2026-07-17
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Flanders Cynthia (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
220 |
$18.68 |
$4.1K |
Filing: Form 4 (Insider Transaction)
Insider: Flanders Cynthia (Director)
Shares: 220
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Shafran Steven M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Shafran Steven M (Director)
Shares: 6,171
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Kohn Donald (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Kohn Donald (Director)
Shares: 6,171
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Jones Christopher Travis (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Jones Christopher Travis (Director)
Shares: 6,171
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Flanders Cynthia (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Flanders Cynthia (Director)
Shares: 6,171
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
FISH JASON M (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: FISH JASON M (Director)
Shares: 6,171
Form 4
Compensation award
Tax / Compensation Filing
2026-06-12
FRBT insider Form 4 filed for equity award, exercise, or tax withholding
Eberhardt Nancy K (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
6,171 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Eberhardt Nancy K (Director)
Shares: 6,171