Form 4: Peter Quick Reports ConnectOne Bancorp Stock Transaction

Sentiment:

Insider Transaction Report


Peter Quick, a Director at ConnectOne Bancorp, Inc., reported a transaction involving the acquisition of 2,528 shares of common stock on June 1, 2026.

Summary

  • Peter Quick, a Director of ConnectOne Bancorp, Inc. (CNOB), filed a Form 4 reporting a transaction on June 1, 2026.
  • The transaction involved the acquisition of 2,528 shares of common stock.
  • These shares were acquired at a price of $0, indicating a grant or award.
  • Following this transaction, Mr. Quick beneficially owns 33,135 shares directly.
  • Additionally, he holds 7,762 shares indirectly through an LLC and an unspecified number of shares indirectly through a Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of an insider stock grant and does not inherently signal positive or negative performance for the company.

Positives

  • Director Peter Quick acquired 2,528 shares of ConnectOne Bancorp common stock, indicating continued investment or compensation.
  • The acquisition was at a price of $0, suggesting a stock grant or award, which can be a positive incentive for management.

Future Outlook

The filing indicates a grant of restricted stock that will vest in full on May 1, 2027, suggesting a future increase in Mr. Quick's direct beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This specific filing details a stock grant to a director, a common practice for executive compensation and alignment with shareholder interests.

Stakeholder Impact

  • Shareholders: Increased transparency into director's holdings and compensation structure.
  • Management: The stock grant aligns director's interests with those of shareholders.

Next Steps

  • The restricted stock granted to Peter Quick is subject to forfeiture and will vest in full on May 1, 2027.

Key Dates

DateDescription
06/01/2026Transaction Date for acquisition of 2,528 shares of common stock by Peter Quick.
05/01/2027Vesting date for the granted restricted stock.

Keywords

ConnectOne Bancorp, CNOB, Form 4, Peter Quick, Director, Stock Transaction, Beneficial Ownership, Common Stock

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