Form 4: Pathfinder Bancorp Executive Ronald Tascarella Reports Sale of Common Stock

Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc., reported the sale of 134 shares of common stock at $17.10 per share on March 3, 2025.

Summary

• On March 3, 2025, Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc. [PBHC], reported a transaction involving the company's common stock.
• Tascarella sold 134 shares of common stock at a price of $17.10 per share.
• Following the transaction, Tascarella directly owns 47,203 shares of Pathfinder Bancorp, Inc.
• Tascarella also indirectly owns 9,690 shares through an ESOP, 20,292 shares through a 401K, and 5,000 shares through their spouse.
• Tascarella also owns 15,816 stock options with an exercise price of $11.35, exercisable from May 6, 2017, and expiring on May 6, 2026.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information disclosed is consistent with SEC regulations and reporting requirements.
• Comparable companies would have similar filings when their executives trade company stock.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
• However, this appears to be a small transaction and is unlikely to have a significant impact.

Key Dates