Form 4: NB Bancorp Director Hope Pascucci Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Hope Pascucci reports acquiring 75,237 shares of NB Bancorp and disposing of 80,000 shares held indirectly through a spouse.
Summary
- On April 24, 2025, Hope Pascucci, a director of NB Bancorp, Inc. [NBBK], reported a transaction involving the company's common stock.
- Pascucci acquired 75,237 shares of common stock at $0.
- Pascucci disposed of 80,000 shares held indirectly through a spouse.
- Following these transactions, Pascucci directly owns 115,312 shares.
- The acquired shares are restricted stock that vest at a rate of 20% per year starting April 24, 2026.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The acquired shares of restricted stock will vest over a five-year period, starting in 2026.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The disclosure of insider trading activity provides transparency to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of stock acquisition and disposal transactions. |
| 04/24/2026 | Commencement date for vesting of restricted stock at a rate of 20% per year. |
| 04/28/2025 | Date of signature for the Form 4 filing. |
Keywords
NB Bancorp, NBBK, Director, Hope Pascucci, Stock Acquisition, Stock Disposal, Beneficial Ownership, Form 4, SEC Filing, Restricted Stock, Vesting
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