Widmer Michael J 4

What Happened
Michael J. Widmer, a director of BCB Bancorp, acquired shares on 2026-02-10 in two ways: an open-market purchase of 2,000 shares at $8.40 each (total $16,800) and a grant/award of 5,952 restricted shares reported at $0. The purchase is a cash buy (code P), which investors often view as a more informative, bullish signal than routine sales; the award (code A) is a restricted stock grant as part of compensation.

Key Details

• Transaction dates: 2026-02-10; filing date: 2026-02-12 (timely filing).
• Open-market purchase: 2,000 shares @ $8.40 = $16,800.
• Award/grant: 5,952 restricted shares @ $0 (reported value $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — the 5,952 shares are restricted stock, with one-third vesting each year over three years.
• No indication of a 10b5-1 plan, gift, option exercise, or tax-withholding in this filing.

Context
The restricted shares are compensation that vests over time (one-third per year), so they are not immediately liquid. The open-market purchase is a direct personal investment by the director. Both transactions together increase the director’s stake, but the filing does not disclose his total holdings after these transactions.