Form 4: ConnectOne Bancorp EVP Laura Criscione Reports Stock Transactions
SEC Form 4 Filing
Laura Criscione, EVP & Chief Compliance Officer of ConnectOne Bancorp, reports acquisition and disposal of company stock related to vested deferred stock units and earned performance units.
Summary
- On March 20, 2024, Laura Criscione disposed of 832 shares of ConnectOne Bancorp common stock at a price of $19.57 due to tax withholding related to vested deferred stock units.
- On March 22, 2024, she acquired 3,224 shares of common stock at $0 pursuant to earned performance units granted on March 22, 2021.
- Also on March 22, 2024, she disposed of 1,612 shares at $19.01 for tax withholding related to the acquired performance units.
- Following these transactions, Criscione directly owns 97,119 shares of ConnectOne Bancorp common stock and indirectly owns 780 shares as custodian for her daughter.
Sentiment
Score: 5
Explanation: The document reflects routine stock transactions related to compensation and tax obligations, indicating a neutral sentiment.
Positives
- The acquisition of 3,224 shares indicates that performance targets were met, resulting in the vesting of performance units.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/2023 | Date of grant of deferred stock units related to tax withholding on March 20, 2024. |
| 03/22/2021 | Date of grant of performance units that vested on March 22, 2024. |
| 03/20/2024 | Tax withholding on vested deferred stock units. |
| 03/22/2024 | Acquisition of shares pursuant to earned performance units and subsequent tax withholding. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.