Ayoub David A. 4

What Happened

• Director David A. Ayoub purchased 425 shares of Pathfinder Bancorp, Inc. (PBHC) on February 4, 2026. The transaction was reported as a purchase (code P) at $12.83 per share, for a total reported value of $5,453. This was an open-market/private purchase and represents an insider buy (a neutral-to-bullish signal compared with sales).

Key Details

• Transaction date and price: 2026-02-04 — 425 shares at $12.83 per share.
• Total value: $5,453.
• Transaction type/code: Purchase (P) — open-market or private purchase.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes disclosed in the provided information.
• Filing timeliness: Form 4 filed on 2026-02-06; this appears to be a timely filing (within the usual two-business-day window).

Context

• Insider purchases can be more informative than sales because they potentially signal confidence, but small-dollar buys (this is a modest $5.5k purchase) should be interpreted cautiously and in context with other insider activity and company fundamentals.