Steven Sugarman - Oct 16, 2025 Form 4 Insider Report for PATRIOT NATIONAL BANCORP INC (PNBK)

Role
President and CEO, Director
Signature
/s/ Steven Sugarman
Stock symbol
PNBK
Transactions as of
Oct 16, 2025
Transactions value $
$0
Form type
4
Date filed
10/23/2025, 06:02 AM
Previous filing
Aug 14, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sugarman Steven President and CEO, Director C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD /s/ Steven Sugarman 2025-10-22 0001504590

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNBK Non-Voting Common Stock Options Exercise -2M -100% 0 Oct 16, 2025 By Steven and Ainslie Sugarman Living Trust F1, F2
transaction PNBK Voting Common Stock Options Exercise +2M +28.49% 9.02M Oct 16, 2025 By Steven and Ainslie Sugarman Living Trust F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNBK Restricted Stock Units Award $0 +1.15M +24.92% $0.00 5.75M Oct 20, 2025 Voting Common Stock 1.15M Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of 2,000,000 shares of Patriot National Bancorp, Inc.'s (the "Issuer") non-voting common stock into 2,000,000 shares of the Issuer's voting common stock pursuant to the Issuer's Amended and Restated Certificate of Incorporation. No consideration was paid in connection with the conversion.
F2 The Trust is a revocable living trust for the benefit of the Reporting Person and his spouse. The Reporting Person and his spouse are the trustees of the Trust.