Form 4: Pathfinder Bancorp Director Ayoub Increases Stake Through Stock Purchase

Director David A. Ayoub reports a purchase of Pathfinder Bancorp stock, increasing his direct and indirect holdings.

Summary

• On May 5, 2025, Director David A. Ayoub purchased 1,000 shares of Pathfinder Bancorp, Inc. common stock at a price of $14.949 per share.
• Following the transaction, Ayoub directly owns 12,011 shares of common stock.
• Ayoub also indirectly owns 1,647 shares through an IRA and 18,763 shares through a 401K.
• Ayoub also holds stock options for 8,787 shares of common stock with an exercise price of $11.35, exercisable from May 6, 2017, and expiring on May 6, 2026.

Sentiment

Score: 7

Explanation: Director's stock purchase is generally a positive signal, suggesting confidence in the company's future. However, the impact is limited as it's a relatively small transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's view of the company's prospects. Purchases are generally seen as a positive sign.

Comparison to Industry Standards

• Comparing insider trading activity at Pathfinder Bancorp to similar regional banks would provide a better understanding of whether this transaction is typical or unusual.
• Analyzing the percentage of shares owned by insiders relative to industry peers can also offer valuable context.
• For example, institutions like Community Bank System and NBT Bancorp could be considered peers for comparison.

Stakeholder Impact

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

Key Dates

Keywords

Pathfinder Bancorp, Director, Stock Purchase, Beneficial Ownership, Form 4, PBHC, Ayoub