Form 4: ConnectOne Bancorp Director Anson M. Moise Reports Stock Grant and Disposal

Sentiment:

SEC Form 4 Filing


Director Anson M. Moise reports receiving a grant of restricted stock and disposing of shares of ConnectOne Bancorp, Inc.

Summary

  • On June 3, 2024, Anson M. Moise, a director of ConnectOne Bancorp, Inc., reported a transaction involving the company's common stock.
  • Moise acquired 3,219 shares of common stock through a grant.
  • The grant was of restricted stock subject to forfeiture, vesting fully on May 3, 2025.
  • Moise also disposed of 3,219 shares.
  • Following the reported transactions, Moise beneficially owns 10,998 shares of ConnectOne Bancorp, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of restricted stock to a director could be seen as an incentive to align their interests with the long-term success of the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Grants of restricted stock are a common form of executive compensation in the banking industry.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a company director, providing transparency.

Key Dates

DateDescription
06/03/2024Date of stock grant and disposal transaction.
05/03/2025Vesting date for the restricted stock.
06/05/2024Date of Form 4 filing.

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