Director David Stevens Hooker filed a Form 4 with the SEC on August 14, 2026, reporting the sale of common stock of Northpointe Bancshares Inc (NYSE:NPB) on August 13, 2026, with shares disposed from two separately named trust holdings.

Key Highlights

  • First transaction: 339 shares sold at $17.5307 per share on August 13, 2026, held indirectly through the David S. Hooker Trust.
  • Second transaction: 24 shares sold at $17.5312 per share on August 13, 2026, held indirectly through the Tanis S. Hooker Discretionary Trust.
  • Post-transaction ownership (first trust): 807,599 shares of common stock beneficially owned indirectly following the reported sale.
  • Post-transaction ownership (second trust): 10,052 shares of common stock beneficially owned indirectly following the reported sale.
  • Transaction code: Both disposals were coded "S" (sale), each marked as indirect ownership.
  • Rule 10b5-1 plan: The filing indicates the transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Hooker's Share Sales at Northpointe Bancshares Reported Under Rule 10b5-1

According to the filing, David Stevens Hooker, a director of Northpointe Bancshares Inc, disposed of a combined 363 shares of common stock on August 13, 2026, across two indirect beneficial ownership positions. The first sale involved 339 shares at a price of $17.5307, held through the David S. Hooker Trust. The second involved 24 shares at $17.5312, held through the Tanis S. Hooker Discretionary Trust. Both transactions carry transaction code "S," indicating open-market sales, and both are classified as indirect ownership in the filing.

The filing discloses that both sales were made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c), as indicated by the checked box on the form. Northpointe Bancshares Inc is a banking organization headquartered in Grand Rapids, Michigan, and its common stock is listed under the ticker NPB. The form was signed by Kevin J. Comps as Attorney-in-Fact on August 14, 2026.

Following the reported transactions, the David S. Hooker Trust held 807,599 shares indirectly, and the Tanis S. Hooker Discretionary Trust held 10,052 shares indirectly, according to the filing. No direct ownership positions or derivative securities were reported for the reporting person in this filing.

What Was Disclosed

The filing reported two sales of Northpointe Bancshares common stock by director David Stevens Hooker on August 13, 2026, totaling 363 shares across two named trust accounts, with resulting indirect beneficial ownership positions of 807,599 and 10,052 shares respectively.