Form 4: Aimee K. Ott, EVP and Corporate Secretary of Quaint Oak Bancorp, Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
05/09/2019Options for 8,136 shares at $13.30 fully vested.
05/10/2024Vesting commencement date for 2,700 shares under the 2023 Stock Incentive Plan and options for 15,000 shares at $18.
03/25/2025Date of report used to determine shares acquired in the Issuer's 401(k) Plan.
05/10/2025Date of transaction: Disposition of 304 shares for tax obligations.
05/13/2025Date of Form 4 filing.
05/09/2028Expiration date for options to buy 8,136 shares at $13.3.
05/10/2033Expiration 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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