Andra R. Frazier, EVP and Chief Compliance Officer of Private Bancorp of America, Inc., filed a Form 4 on October 29, 2026, reporting the acquisition of 1,000 shares of restricted common stock on October 21, 2026, at a price of $0.

Key Highlights

  • Reporting person: Andra R. Frazier, identified in the filing as EVP and CCO of Private Bancorp of America, Inc. (NASDAQ:PBAM).
  • Transaction: 1,000 shares of common stock acquired (transaction code A) on October 21, 2026, at a price of $0.
  • Beneficial ownership following transaction: 1,000 shares held directly, according to the filing.
  • Vesting schedule: Shares vest in four equal installments on October 16, 2027; October 16, 2028; October 16, 2029; and October 16, 2030.
  • Forfeiture conditions: All shares are subject to forfeiture "upon the occurrence of certain events as specified in the award agreement," per the filing's footnote.
  • Filed by: Cory D. Stewart, as Attorney-in-Fact for Andra R. Frazier, on October 29, 2026.

Details of the Restricted Stock Award to Frazier at Private Bancorp of America

According to the Form 4 filed with the SEC, Andra R. Frazier, serving as Executive Vice President and Chief Compliance Officer of Private Bancorp of America, Inc. (NASDAQ:PBAM), reported the acquisition of 1,000 shares of restricted common stock on October 21, 2026. The transaction was recorded with code "A," indicating an acquisition, and the price per share was listed as $0, consistent with a restricted stock award rather than an open-market purchase.

The filing's footnote states that the 1,000 shares are "unvested restricted stock, which vest in four equal installments on October 16, 2027, October 16, 2028, October 16, 2029, and October 16, 2030." The footnote further notes that the shares "are subject to forfeiture upon the occurrence of certain events as specified in the award agreement." Following this transaction, Frazier's directly held beneficial ownership totals 1,000 shares. No derivative securities were reported in Table II of the filing.

The Form 4 was signed by Cory D. Stewart as Attorney-in-Fact for Andra R. Frazier and submitted on October 29, 2026. The filing indicates this was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing disclosed a restricted stock award of 1,000 shares of Private Bancorp of America common stock to EVP and CCO Andra R. Frazier on October 21, 2026, at $0, vesting in four equal annual installments beginning October 16, 2027, and subject to forfeiture under award agreement terms.