Insider Trading February 24, 2026

SR Bancorp Director Thomas Lupo Acquires $16,465 in Shares

Director increases direct stake as company pays dividend and management continues buybacks, while some analytics flag valuation concerns

By Caleb Monroe SRBK
SR Bancorp Director Thomas Lupo Acquires $16,465 in Shares
SRBK

SR Bancorp director Thomas Lupo purchased 1,000 shares on February 23, 2026, at $16.47 per share, a transaction valued at $16,465. The purchase increases his direct holdings to 44,015 shares and is concurrent with company dividend and share repurchase activity. External analysis notes both active buybacks and a view that the stock may be overvalued.

Key Points

  • Director Thomas Lupo purchased 1,000 SR Bancorp shares on February 23, 2026, at $16.47 per share for $16,465.
  • After the purchase Lupo directly owns 44,015 shares and holds options for 47,539 shares that vest starting November 21, 2025 and expire November 21, 2034.
  • SR Bancorp declared a quarterly cash dividend of $0.05 per share payable January 15, 2026, to holders of record on December 31, 2025; management has been conducting aggressive share buybacks according to an InvestingPro tip.

SR Bancorp, Inc. (NASDAQ:SRBK) reported an insider purchase by director Thomas Lupo who acquired 1,000 shares of common stock on February 23, 2026. The shares were bought at $16.47 apiece, making the total outlay $16,465. At the time of the report, SRBK shares trade at $16.75 and the stock has returned 37% over the past year.

Following this acquisition, Lupo's direct ownership in SR Bancorp stands at 44,015 shares. That total includes restricted stock that vests at 20% per year beginning November 21, 2025. In addition to his directly held shares, Lupo holds stock options covering 47,539 shares. Those options vest at a rate of 20% per year starting November 21, 2025, carry an exercise price of $11.04, and expire on November 21, 2034.

Publicly noted commentary in market analysis referenced management activity around repurchases, indicating an ongoing program of buybacks. The buyback activity was described as aggressive in a cited InvestingPro tip, which suggests company leadership is signaling confidence in SR Bancorp's direction through capital allocation that reduces outstanding shares.

Separately, SR Bancorp announced a quarterly cash dividend of $0.05 per share. The holding company for Somerset Regal Bank indicated the dividend will be paid on January 15, 2026, to shareholders of record as of December 31, 2025. The dividend declaration was communicated via a company press release.

Some third‑party analysis included in available research expressed a differing view on valuation, with an InvestingPro assessment suggesting the shares are currently overvalued. That analysis and related subscriber resources were noted as additional context for investors evaluating SRBK.

This report presents the transaction details, related ownership and compensation vesting schedules, the company's dividend decision, and the juxtaposition of management buybacks against a valuation view from third‑party analysis.


Note: All transactional details, dates, prices, ownership counts, vesting rates, option exercise price and expiry, dividend amount, record date, and payment date are reported as disclosed.

Risks

  • Valuation concern - InvestingPro analysis suggests the stock may be overvalued, which could affect investor returns in the banking sector.
  • Concentration of executive compensation - A substantial portion of Lupo's holdings are in restricted stock and options that vest over multiple years, introducing timing and liquidity considerations for insider-owned shares.
  • Market sensitivity to buyback and dividend signals - Shifts in repurchase pace or dividend policy could change investor perception of the bank's capital allocation strategy and impact regional banking sentiment.

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