Form 4: NB Bancorp Director William Darcey Acquires 75,237 Shares of Common Stock
SEC Form 4 Filing
Director William Darcey of NB Bancorp, Inc. reports acquiring 75,237 shares of common stock on April 24, 2025.
Summary
- On April 24, 2025, William Darcey, a director of NB Bancorp, Inc. (NBBK), acquired 75,237 shares of common stock.
- These shares were acquired at a price of $0.
- Following the transaction, Darcey directly owns 75,237 shares of common stock and indirectly owns 80,000 shares through an IRA.
- The acquired restricted stock vests at a rate of 20% per year, starting on April 24, 2026.
Sentiment
Score: 7
Explanation: Director's stock acquisition is generally a positive sign, indicating confidence in the company. The vesting schedule suggests a long-term commitment.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The vesting schedule of the restricted stock, starting in April 2026, suggests a long-term commitment by the director to the company's success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's increased stake in the company, which is generally viewed positively by investors.
Stakeholder Impact
- The increased stake of a director may positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of 75,237 shares of common stock. |
| 04/24/2026 | Vesting start date: Restricted stock vests at a rate of 20% per year commencing on this date. |
| 04/28/2025 | Date of signature on the Form 4 filing. |
Keywords
NB Bancorp, NBBK, Form 4, Director, Stock Acquisition, Beneficial Ownership, William Darcey, Restricted Stock
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