Form 4: ConnectOne Bancorp Executive's Tax-Related Stock Sales
Insider Transaction Report
ConnectOne Bancorp EVP Steven Primiano reported tax-related sales of common stock following the vesting of deferred stock units in March 2026.
Summary
- Steven Primiano, EVP, Treasurer, and Chief Corporate Development Officer of ConnectOne Bancorp, Inc. (CNOB), reported transactions involving the company's common stock.
- On March 20, 2026, 496 shares of common stock were disposed of at a price of $25.95 per share to cover taxes upon the vesting of deferred stock units granted on March 20, 2023.
- Also on March 20, 2026, an additional 532 shares of common stock were disposed of at $25.95 per share for tax withholding related to the vesting of deferred stock units granted on March 20, 2025.
- On March 23, 2026, 484 shares of common stock were disposed of at $26.72 per share for tax withholding following the vesting of deferred stock units granted on March 22, 2024. This transaction occurred on the first business day after the March 22, 2026 vesting date.
- Following these transactions, Steven Primiano beneficially owns 15,163 shares of ConnectOne Bancorp common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports routine, non-discretionary tax-related sales of common stock by an executive upon the vesting of deferred stock units, which is a standard event in equity compensation.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director stock ownership changes. Tax-related sales upon vesting of equity awards are a common and routine occurrence in the financial industry, reflecting the mechanics of equity compensation plans.
Key Dates
| Date | Description |
|---|---|
| 03/20/2023 | Grant date for deferred stock units, which vested on March 20, 2026. |
| 03/22/2024 | Grant date for deferred stock units, which vested on March 22, 2026. |
| 03/20/2025 | Grant date for deferred stock units, which vested on March 20, 2026. |
| 03/20/2026 | Vesting date for deferred stock units granted on March 20, 2023 and March 20, 2025. Also, transaction date for the disposition of 496 and 532 shares for tax withholding. |
| 03/22/2026 | Vesting date for deferred stock units granted on March 22, 2024. |
| 03/23/2026 | Transaction date for the disposition of 484 shares for tax withholding, being the first business day following the March 22, 2026 vesting date. |
| 03/24/2026 | Signature date of the reporting person's power of attorney for the Form 4 filing. |
Keywords
ConnectOne Bancorp, CNOB, Steven Primiano, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Deferred Stock Units, Equity Compensation
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.