Form 4 for PNBK PATRIOT NATIONAL BANCORP INC
Accepted 2026-07-02 19:34:19 ET · period of report 2026-07-01 · accession 0001437749-26-022627 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-07-02 19:34 | 2026-07-01 | PNBK | Sugarman Steven | Pres, CEO, Dir | M - OptEx | $0.00 | +552.9K | 2.64M | +26% | $0 |
| D | 2026-07-02 19:34 | 2026-07-01 | PNBK | Sugarman Steven | Pres, CEO, Dir | F - Tax | $1.20 | -303.9K | 2.34M | -12% | -$364.6K |
| D | 2026-07-02 19:34 | 2026-07-01 | PNBK | Sugarman Steven | Pres, CEO, Dir | M - OptEx | $0.00 | -552.9K | 1.25M | -31% | $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 | 2026-07-01 | M | A | 552,927 | $0.00 | 2,641,970 | D | — | — | (F1) On July 1, 2026, upon the expiration of the restricted period on 552,927 restricted stock units ("RSUs") granted to the reporting person pursuant to an award agreement effective July 1, 2025 (previously disclosed in a Form 4 filed on August 14, 2025), 552,927 RSUS settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement. (F1) On July 1, 2026, upon the expiration of the restricted period on 552,927 restricted stock units ("RSUs") granted to the reporting person pursuant to an award agreement effective July 1, 2025 (previously disclosed in a Form 4 filed on August 14, 2025), 552,927 RSUS settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement. |
| 2 | Common | Voting Common Stock | 2026-07-01 | F | D | 303,861 | $1.20 | 2,338,109 | D | — | — | (F2) Represents 303,861 shares of Common Stock withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations. The shares were withheld at a price of $1.20 per share, representing the closing price of the Issuer's Common Stock on July 1, 2026. The withheld shares were not delivered to the Reporting Person. (F2) Represents 303,861 shares of Common Stock withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations. The shares were withheld at a price of $1.20 per share, representing the closing price of the Issuer's Common Stock on July 1, 2026. The withheld shares were not delivered to the Reporting Person. |
| 3 | Derivative | Restricted Stock Units | 2026-07-01 | M | D | 552,927 | $0.00 | 1,252,058 | D | $0.00 · 2026-07-01 to 2026-07-01 | 552,927 Voting Common Stock | (F1) On July 1, 2026, upon the expiration of the restricted period on 552,927 restricted stock units ("RSUs") granted to the reporting person pursuant to an award agreement effective July 1, 2025 (previously disclosed in a Form 4 filed on August 14, 2025), 552,927 RSUS settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement. |