Viotto Neil C 4
Research Summary
AI-generated summary
SR Bancorp (SRBK) EVP/COO Neil Viotto Buys Stock
What Happened
Neil C. Viotto, Executive Vice President and Chief Operating Officer of SR Bancorp (SRBK), purchased a total of 1,000 shares in open-market transactions on March 3, 2026, paying roughly $16,829 in aggregate. The buys were: 604 shares at $16.75 ($10,117), 97 shares at $16.67 ($1,617), and 299 shares at $17.04 ($5,095). These were purchases (code P), not option exercises or awards.
Key Details
- Transaction date: 2026-03-03 (all three trades)
- Individual trades:
- 604 shares @ $16.75 = $10,117
- 97 shares @ $16.67 = $1,617
- 299 shares @ $17.04 = $5,095
- Total: 1,000 shares for ~$16,829
- Filing: Reported on 2026-03-03 (same day as transactions) — not indicated as late.
- Shares owned after transaction: Not stated in the provided filing.
- Footnotes from the filing:
- F1: Restricted stock vests 20% per year starting Jan 29, 2026.
- F2: Restricted stock vests 20% per year starting Dec 17, 2026.
- F3: Stock options vest 20% per year starting Jan 29, 2026.
- F4: Stock options vest 20% per year starting Dec 17, 2026.
Context
These were straightforward open-market purchases, which retail investors often view as a positive signal because an officer is buying company shares. The amounts are modest (~$16.8k total) and were executed at slightly different prices on the same day. The footnotes indicate some of Viotto’s equity position includes restricted stock and options with multi-year vesting schedules, meaning portions of his holdings may not be immediately liquid.