Form 4: Pathfinder Bancorp Executive William D. O'Brien Reports Changes in Beneficial Ownership

Senior Vice President William D. O'Brien of Pathfinder Bancorp, Inc. reports changes in his beneficial ownership of company stock, including shares held directly, through an ESOP, and a 401K.

Summary

• William D. O'Brien, a Senior Vice President at Pathfinder Bancorp, Inc., filed a Form 4 to report changes in his beneficial ownership of the company's stock.
• The reported transactions include direct holdings, shares held through an Employee Stock Ownership Plan (ESOP), and shares held through a 401K.
• As of April 23, 2025, O'Brien directly owns 14,865 shares of Pathfinder Bancorp common stock.
• He also indirectly owns 9,234 shares through the ESOP and 3,255 shares through a 401K.
• O'Brien also holds stock options for 8,647 shares with an exercise price of $10.81, expiring on April 1, 2026.
• Additionally, he holds options for 7,908 shares with an exercise price of $11.35, expiring on May 6, 2026, and options for 1,500 shares with an exercise price of $10.37, expiring on October 28, 2030.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in beneficial ownership.

Industry Context

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

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider ownership.
• It offers insights into the actions of a key executive, which can influence investor sentiment.

Key Dates

Keywords

Pathfinder Bancorp, Beneficial Ownership, Form 4, Stock Options, ESOP, 401K, Insider Trading