Form 4: Pathfinder Bancorp Director Exercises Stock Options and Adjusts Holdings

Director William A. Barclay exercised stock options and adjusted his holdings in Pathfinder Bancorp, Inc. on November 22, 2024.

Summary

• William A. Barclay, a director at Pathfinder Bancorp, Inc., executed a transaction involving the company's stock on November 22, 2024.
• Barclay exercised 2,525 stock options at a price of $11.35 per share.
• Following this transaction, Barclay directly owns 24,274 shares of common stock.
• Barclay also indirectly owns 4,294 shares as custodian for children and 57,682 shares through a power of attorney for parents.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider transactions, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transaction is typical for directors who receive stock options as part of their compensation.
• The reported transaction is similar to those of other directors in comparable financial institutions.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's stock ownership.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Pathfinder Bancorp, stock options, insider trading, Form 4, beneficial ownership, director, equity securities