SR Bancorp, Inc. reported an insider purchase on March 16, 2026, when Senior Vice President and Chief Financial Officer Faqueri Harris M. acquired 3,000 shares of the company's common stock at $16.40 per share, for a total consideration of $49,199.
The transaction, disclosed on a Form 4 filing with the Securities and Exchange Commission, raised Faqueri's indirect holdings attributable to an IRA to 13,000 shares. The filing also details Faqueri's direct and indirect ownership positions and outstanding option grants.
Holdings and option details
- Direct ownership: 15,213 shares of common stock, which include restricted stock that vests at 20% per year beginning January 29, 2026.
- Indirect ownership: 2,865 shares held through an Employee Stock Ownership Plan (ESOP).
- IRA holdings: Indirect holdings increased to 13,000 shares following the March 16 purchase.
- Stock options: Faqueri holds options covering 38,032 shares of common stock. Those options vest at 20% per year commencing January 29, 2026, are exercisable at $12.50 per share, and expire on January 29, 2035.
Market context and corporate actions
At the time of the filing, SR Bancorp's shares have climbed roughly 45% over the past year and were trading at $16.59, giving the company a market capitalization of approximately $133 million. The insider purchase sits against broader management activity: InvestingPro data cited in the filing indicates management has been actively repurchasing shares.
Separately, SR Bancorp's Board of Directors announced a quarterly cash dividend of $0.05 per share. The dividend is scheduled to be paid on April 15, 2026, to shareholders of record as of March 31, 2026, according to the company's press release. The board's declaration of a regular cash distribution highlights the company's ongoing practice of returning cash to shareholders.
Analytical notes
While the insider purchase and the dividend declaration provide data points that market participants may weigh, third-party valuation analysis referenced in the filing—InvestingPro's Fair Value assessment—indicates the stock currently appears overvalued relative to that model. The filing also underscores that dividends represent only one element of shareholder return and that investors typically consider earnings and revenue metrics when evaluating overall company performance.
The Form 4 filing provides a snapshot of Faqueri's layered ownership structure, including direct shares, IRA holdings, ESOP allocations and long-dated options with multi-year vesting schedules, all of which will influence the timing and magnitude of potential future share sales or exercises.