Form 4: Pathfinder Bancorp SVP William O'Brien Reports Stock Sale

William D. O'Brien, Senior Vice President of Pathfinder Bancorp, Inc., reports the sale of 2,353 shares of common stock at $17.14 per share on February 12, 2025.

Summary

• On February 12, 2025, William D. O'Brien, a Senior Vice President at Pathfinder Bancorp, Inc. (PBHC), sold 2,353 shares of common stock at a price of $17.14 per share.
• Following the transaction, O'Brien directly owns 14,865 shares of common stock.
• O'Brien also indirectly owns 8,814 shares through an ESOP and 3,255 shares through a 401K.
• O'Brien holds stock options for 8,647 shares with an exercise price of $10.81, expiring on April 1, 2026.
• He also holds stock options for 7,908 shares with an exercise price of $11.35, expiring on May 6, 2026, and 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 related to an insider stock sale. It doesn't inherently indicate positive or negative sentiment, but rather provides information about an executive's transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. This provides transparency to the market regarding the actions of company executives and directors.

Stakeholder Impact

• The stock sale by a senior executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
• The filing provides transparency to all stakeholders regarding insider transactions.

Key Dates

Keywords

Form 4, Pathfinder Bancorp, PBHC, William O'Brien, stock sale, insider trading, ESOP, 401K, stock options