Form 4 for PNBK PATRIOT NATIONAL BANCORP INC
Accepted 2025-05-15 00:00:00 ET · period of report 2025-05-13 · accession 0001628280-25-025842 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2025-05-15 | 2025-05-13 | PNBK | Carrazza Michael A. | COB, Dir | P - Purchase | $0.75 | +866.0K | 866.0K | New | +$649.5K |
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 | Common Stock | 2025-05-13 | P | A | 865,990 | $0.75 | 865,990 | I By Solaia Capital Holdings LLC | — | — | (F1) On May 13, 2025, Solaia Capital Holdings LLC purchased the outstanding principal balance and accrued unpaid interest of $649,492.84 of a 8.50% Fixed Rate Senior Note Due January 15, 2026 previously issued by the Issuer and converted it into 865,990 shares of Common Stock at $0.75 per share. (F2) As the manager of Solaia Capital Holdings LLC, the Reporting Person has voting and dispositive power over the shares held by Solaia Capital Holdings LLC. |