NB Bancorp, Inc.·4

Mar 9, 1:42 PM ET

Lapointe Jean-Pierre 4

Research Summary

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NB Bancorp (NBBK) CFO Jean-Pierre Lapointe Buys 1,000 Shares

What Happened
Jean-Pierre Lapointe, Senior Executive Vice President and Chief Financial Officer of NB Bancorp (NBBK), reported a purchase of 1,000 common shares on 2026-03-09. The shares were acquired at $20.42 per share, for a total reported purchase value of $20,420. The filing lists the transaction type as a purchase (code P) described as an "open market or private purchase."

Key Details

  • Transaction date and price: 2026-03-09 — 1,000 shares @ $20.42 each (total $20,420).
  • Transaction code: P (purchase), described in the filing as "open market or private purchase."
  • Shares owned after the transaction: Not specified in the provided filing excerpt.
  • Footnotes:
    • F1: Includes restricted stock that vests 20% per year beginning April 24, 2026.
    • F2: Includes restricted stock that vests 33 1/3% per year beginning February 25, 2027.
  • Filing timeliness: Reported on the same day (filed 2026-03-09 for period 2026-03-09), indicating a timely Form 4.

Context
A direct purchase by a company officer is typically viewed as a routine insider purchase rather than a sale-driven liquidity event; it represents a modest financial commitment ($20.4k) by the CFO. The restricted-stock footnotes indicate some holdings are subject to multi-year vesting schedules, which is common for executive compensation. This filing contains no indication of option exercises, gifts, tax withholding, or a 10% owner transaction.