John J. D'Angelo - Mar 28, 2025 Form 4 Insider Report for Investar Holding Corp (ISTR)

Signature
/s/ John J. D'Angelo
Stock symbol
ISTR
Transactions as of
Mar 28, 2025
Transactions value $
-$20,428
Form type
4
Date filed
4/1/2025, 05:23 PM
Previous filing
Mar 4, 2025
Next filing
Apr 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISTR Common Stock Options Exercise $472K +30K +13.76% $15.74 248K Mar 28, 2025 Direct
transaction ISTR Common Stock Tax liability -$493K -27.2K -10.96% $18.12 221K Mar 28, 2025 Direct F1
holding ISTR Common Stock 33.7K Mar 28, 2025 401(k)
holding ISTR Common Stock 2.1K Mar 28, 2025 Minor children
holding ISTR Common Stock 250 Mar 28, 2025 Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ISTR Employee Stock Option Options Exercise $0 -30K -100% $0.00 0 Mar 28, 2025 Common Stock 30K $15.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The Reporting Person received 2,813 shares of common stock on net exercise of an option to purchase 30,000 shares of common stock. The Company withheld 27,187 shares of common stock underlying the option to satisfy the exercise price and tax withholding obligations.
F2 The option vested in five equal annual installments beginning on April 1, 2016 and is currently exercisable as to all 30,000 shares.