Form 4: Pathfinder Bancorp SVP Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert G. Butkowski Jr., Senior Vice President of Pathfinder Bancorp, reports changes in beneficial ownership of company stock, including acquisitions through ESOP and holdings in 401(k) and IRA accounts.
Summary
- Robert G. Butkowski Jr., a Senior Vice President at Pathfinder Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The report indicates holdings of common stock both directly and indirectly through a 401(k), IRA, and ESOP.
- The filing also includes information on stock options held by Butkowski, with exercise prices of $11.35 and $10.37 and expiration dates in 2026 and 2030 respectively.
- The report reflects ESOP shares allocated in March 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/06/2017 | Date exercisable for stock options with an exercise price of $11.35. |
| 10/28/2021 | Date exercisable for stock options with an exercise price of $10.37. |
| 03/19/2024 | Date of the transaction and filing of the Form 4. |
| 05/06/2026 | Expiration date for stock options with an exercise price of $11.35. |
| 10/28/2030 | Expiration date for stock options with an exercise price of $10.37. |
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