Form 4: Pathfinder Bancorp SVP Acquires 11,000 Shares of Restricted Stock

Joseph Paul McManus, Senior Vice President of Pathfinder Bancorp, acquired 11,000 shares of restricted stock on January 31, 2025, according to a Form 4 filing.

Summary

• Joseph Paul McManus, a Senior Vice President at Pathfinder Bancorp, Inc., acquired 11,000 shares of common stock on January 31, 2025.
• The acquisition was a grant of restricted stock, with a price of $0 per share.
• McManus also indirectly owns 4,706 shares through an ESOP.
• The restricted stock vests at a rate of 25% per year, starting on January 31, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating an insider stock transaction. The acquisition of shares by an executive could be interpreted as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of shares by a senior executive could be seen as a positive sign of confidence in the company's future prospects.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock acquisition by a senior executive, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a senior executive could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Pathfinder Bancorp, PBHC, Form 4, Insider Trading, Stock Acquisition, Restricted Stock, ESOP, Joseph Paul McManus, Senior Vice President