Faqueri Harris M 4

What Happened
Faqueri Harris, Senior Vice President and Chief Financial Officer of SR Bancorp (SRBK), made an open‑market purchase of 3,000 shares on March 16, 2026, at $16.40 per share, for a total cost of $49,200. This was a straight purchase (transaction code P), which for investors is a direct buy rather than a sale or option exercise.

Key Details

• Transaction date and price: 2026-03-16 — 3,000 shares at $16.40 each ($49,200 total).
• Transaction type: Purchase (code P); filing describes it as "open market or private purchase."
• Shares owned after transaction: Not specified in the excerpt provided — check the full Form 4 for total holdings.
• Filing: Report filed with SEC on 2026-03-20 (for period ending 2026-03-19). Form 4s are generally due within two business days of a reportable transaction; investors may want to verify timeliness in the full filing.
• Footnotes on other holdings/awards:
  • F1: Restricted stock holdings (if any) vest 20% per year beginning Jan 29, 2026 (5‑year vesting).
  • F2: Stock options vest 20% per year beginning Jan 29, 2026 (5‑year vesting).

Context
A direct purchase by a company officer is typically viewed as a straightforward accumulation of shares rather than a liquidity event; it provides a clearer signal than gifts or tax‑withholding sales. The footnotes indicate existing equity awards for Harris vest over five years (20% per year), but this transaction was a cash purchase, not an option exercise or award grant. For full context (total insider holdings, any related plan codes, and filing timeliness), review the complete Form 4 filing (Accession 0001437749-26-009141).