August 13, 2025 · Form 4 insider transaction
Sugarman Steven bought 552,927 shares of PNBK, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
On August 13, 2025, the Reporting Person received an award agreement effective July 1, 2025 for Restricted Stock Units (RSUs) equal to 552,927 shares of Common Stock, par value $0.01 per share of Patriot National Bancorp, Inc. (the Issuer). The RSUs were granted pursuant to an Employment Agreement between the Reporting Person and the Issuer, effective as of March 20, 2025. The RSUs vest in 12 equal monthly installments commencing on July 1, 2025 and ending on July 1, 2026. Vested RSUs represent the right to be settled on July 1, 2026.