Form 4 for PNBK PATRIOT NATIONAL BANCORP INC
Accepted 2025-10-23 00:00:00 ET · period of report 2025-10-16 · accession 0001437749-25-031558 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-10-23 | 2025-10-16 | PNBK | Sugarman Steven | Pres, CEO, Dir | M - OptEx | — | 0 | 0 | New | — |
| D | 2025-10-23 | 2025-10-20 | PNBK | Sugarman Steven | Pres, CEO, Dir | A - Grant | $0.00 | +1.15M | 5.75M | +25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Voting Common Stock | 2025-10-16 | M | A | 2,000,000 | — | 9,019,978 | I By Steven and Ainslie Sugarman Living Trust | — | — | (F1) Represents the conversion of 2,000,000 shares of Patriot National Bancorp, Inc.'s (the "Issuer") non-voting common stock into 2,000,000 shares of the Issuer's voting common stock pursuant to the Issuer's Amended and Restated Certificate of Incorporation. No consideration was paid in connection with the conversion. (F2) The Trust is a revocable living trust for the benefit of the Reporting Person and his spouse. The Reporting Person and his spouse are the trustees of the Trust. |
| 2 | Common | Non-Voting Common Stock | 2025-10-16 | M | D | 2,000,000 | — | 0 | I By Steven and Ainslie Sugarman Living Trust | — | — | (F1) Represents the conversion of 2,000,000 shares of Patriot National Bancorp, Inc.'s (the "Issuer") non-voting common stock into 2,000,000 shares of the Issuer's voting common stock pursuant to the Issuer's Amended and Restated Certificate of Incorporation. No consideration was paid in connection with the conversion. (F2) The Trust is a revocable living trust for the benefit of the Reporting Person and his spouse. The Reporting Person and his spouse are the trustees of the Trust. |
| 3 | Derivative | Restricted Stock Units | 2025-10-20 | A | A | 1,147,031 | $0.00 | 5,749,551 | D | — · 2025-10-01 to 2026-10-01 | 1,147,031 Voting Common Stock | (F2) The Trust is a revocable living trust for the benefit of the Reporting Person and his spouse. The Reporting Person and his spouse are the trustees of the Trust. |