Form 4: Pathfinder Bancorp Executive Ronald Tascarella Reports Stock Sale

Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc., reported the sale of common stock on February 28, 2025.

Summary

• Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc. (PBHC), filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on February 28, 2025, where Tascarella sold 2 shares of common stock at a price of $17.1.
• Following the transaction, Tascarella directly owns 47,337 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 his spouse.
• He 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: The document is a routine regulatory filing detailing a stock sale by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale by an executive may be perceived by some shareholders as a lack of confidence in the company, although it could also be due to personal financial planning.

Key Dates