Form 4: Patriot National Bancorp CEO Reports Stock Transaction
Insider Transaction (Form 4)
Steven Sugarman, President and CEO and a Director of Patriot National Bancorp Inc, reported multiple transactions in common stock on October 1, 2026.
Summary
- Option exercise/conversion: acquired 1,147,031 Voting Common Stock on October 1, 2026; holds 3,485,140 after (Direct).
- Tax/exercise-price withholding: disposed of 583,609 Voting Common Stock at $1.00 ($583,609) on October 1, 2026; holds 2,901,531 after (Direct).
- Option exercise/conversion: disposed of 1,147,031 Restricted Stock Units on October 1, 2026; holds 133,884 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Steven Sugarman — Director, Officer (President and CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Option exercise/conversion | Voting Common Stock | 1,147,031 | — | — | 3,485,140 |
| 2026-10-01 | Tax/exercise-price withholding | Voting Common Stock | 583,609 | $1 | $583.6K | 2,901,531 |
| 2026-10-01 | Option exercise/conversion | Restricted Stock Units | 1,147,031 | — | — | 133,884 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Option exercise/conversion (1,147,031 shares) |
| 2026-10-01 | Tax/exercise-price withholding (583,609 shares) |
| 2026-10-01 | Option exercise/conversion (1,147,031 shares) |
Keywords
insider transaction, Form 4, PNBK, PATRIOT NATIONAL BANCORP INC, neutral, Steven Sugarman
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