James G. Welch, a director of Randolph Bancorp, Inc., recently acquired 500 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on August 13, 2021. Welch now owns 21,187 shares of the company. Welch operates out of Quincy, MA. Some additional info was provided as follows:
Acquisition represents an award of restricted stock for no cash consideration. This award vests in full on August 13, 2022.
Includes 7,042 shares of restricted stock which vest in five equal annual installments beginning on October 12, 2018 and 1,760 shares of restricted stock which vest in five equal annual installments beginning on August 13, 2021; provided, however, that upon mandatory retirement from service as a director, the restricted stock scheduled to vest during the calendar year of such retirement and during the calendar year following such retirement shall vest on the retirement date.
The options vest in five equal annual installments beginning on August 13, 2021.
The options vest in five equal annual installments beginning on October 12, 2018.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Randolph Bancorp: William M. Parent, President And Chief - Sept. 20, 2021