Form 4: Aimee K. Ott, EVP and Corporate Secretary of Quaint Oak Bancorp, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Aimee K. Ott, EVP and Corporate Secretary of Quaint Oak Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock due to tax obligations and plan acquisitions.
Summary
- A Form 4 filing was submitted by Aimee K. Ott, EVP and Corporate Secretary of Quaint Oak Bancorp, Inc.
- The filing reports changes in beneficial ownership of the company's common stock.
- A transaction occurred on May 10, 2025, involving the disposition of 304 shares to cover tax obligations related to a stock benefit plan distribution at a price of $10.2675 per share.
- Following the reported transaction, Ott directly owns 11,289 shares of common stock.
- This includes 2,700 unvested shares granted under the 2023 Stock Incentive Plan, vesting at 20% per year starting May 10, 2024.
- Ott also indirectly owns 5,233 shares through a 401(k) plan and 4,893.5295 shares through an ESOP.
- Ott holds options to buy 15,000 shares at $18, vesting at 20% per year from May 10, 2024, and options to buy 8,136 shares at $13.3, fully vested since May 9, 2019.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/09/2019 | Options for 8,136 shares at $13.30 fully vested. |
| 05/10/2024 | Vesting commencement date for 2,700 shares under the 2023 Stock Incentive Plan and options for 15,000 shares at $18. |
| 03/25/2025 | Date of report used to determine shares acquired in the Issuer's 401(k) Plan. |
| 05/10/2025 | Date of transaction: Disposition of 304 shares for tax obligations. |
| 05/13/2025 | Date of Form 4 filing. |
| 05/09/2028 | Expiration date for options to buy 8,136 shares at $13.3. |
| 05/10/2033 | Expiration date for options to buy 15,000 shares at $18. |
Keywords
Form 4, Beneficial Ownership, QUAINT OAK BANCORP, INC., QNTO, Aimee K. Ott, Stock Options, ESOP, 401(k)
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