Form 4: Pathfinder Bancorp CEO Reports Changes in Beneficial Ownership

James A. Dowd, President and CEO of Pathfinder Bancorp, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.

Summary

• James A. Dowd, the President and CEO of Pathfinder Bancorp, Inc. (PBHC), reported changes in his beneficial ownership of the company's securities.
• The report, filed on April 25, 2025, details holdings of common stock both directly and indirectly through a 401K and an ESOP.
• Dowd directly owns 55,704 shares of common stock.
• He indirectly owns 18,052 shares through a 401K and 21,181 shares through an ESOP.
• Dowd also holds options for 15,816 shares of common stock with an exercise price of $11.35, exercisable from May 6, 2017, and expiring on May 6, 2026.
• The ESOP shares were allocated in April 2025.

Sentiment

Score: 5

Explanation: This is a routine filing, so the sentiment is neutral. It simply reflects changes in ownership.

Positives

• The reporting of beneficial ownership is a standard practice ensuring transparency for investors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This allows investors to stay informed about the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

• Shareholders are informed about the CEO's holdings in the company.

Key Dates

Keywords

beneficial ownership, Form 4, Pathfinder Bancorp, PBHC, James A. Dowd, CEO, common stock, stock options, ESOP, 401K