Form 4: Pathfinder Bancorp CFO Walter Rusnak Increases Stake with Recent Stock Purchase

Walter Rusnak, Senior Vice President and CFO of Pathfinder Bancorp, Inc., recently acquired 1,500 shares of common stock, increasing his total holdings.

Summary

• On March 7, 2024, Walter Rusnak, the Senior Vice President and CFO of Pathfinder Bancorp, Inc., purchased 1,500 shares of the company's common stock at a price of $11.854 per share.
• Following this transaction, Rusnak directly owns 39,199 shares of common stock and indirectly owns 3,856 shares through an ESOP and 34,500 shares through an IRA.
• Rusnak also holds 32,342 stock options with an exercise price of $10.37, granted on October 28, 2021, and expiring on October 28, 2030.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.

Positives

• The CFO's purchase of company stock may signal confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't guarantee future performance.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates