Form 4: Pathfinder Bancorp Executive Ronald Tascarella Sells 5,000 Shares

Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc., sold 5,000 shares of common stock at $17 per share on February 20, 2025.

Summary

• On February 20, 2025, Ronald Tascarella, a retired Executive Vice President of Pathfinder Bancorp, Inc. (PBHC), sold 5,000 shares of common stock.
• The sale price was $17 per share.
• Following the transaction, Tascarella directly owns 48,609 shares.
• Tascarella also has indirect ownership through an ESOP (9,690 shares), a 401K (20,292 shares), and shares held by a spouse (5,000 shares).
• 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: Neutral sentiment as it's a standard disclosure of stock sale by an insider. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry.

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 sale relative to the executive's holdings.

Key Dates

Keywords

Pathfinder Bancorp, PBHC, Ronald Tascarella, Executive Vice President, Stock Sale, Form 4, Beneficial Ownership, ESOP, 401K, Stock Options