Director Barousse Gerard W Jr purchases 5,000 shares of FB Bancorp at $12.21 in debut holding
Director Barousse Gerard W Jr purchased 5,000 shares at $12.21 on 2024-11-20, establishing an initial position in FB Bancorp with a total transaction value of $61,032.50. This represents a debut holding for the director—prior holdings were zero shares—in a company trading at $12.11 as of 2024-11-21, reflecting a stock listed only 22 trading days ago. Notably, FB Bancorp carries net income of $-895,000.00, indicating the company is currently unprofitable. The combination of a recent listing, negative earnings, and the director's entry-level purchase size merits attention to understand whether this reflects confidence in turnaround prospects or other context (such as board appointment timing).