CAMPANELLI JOSEPH P 4

What Happened

• Joseph P. Campanelli, President & CEO and Chairman of NB Bancorp (NBBK), made two open-market purchases on March 6, 2026: 2,000 shares at $20.78 ($41,560) and 3,000 shares at $20.77 ($62,310), for a total of 5,000 shares purchased for roughly $103,870. These were purchases (transaction code P), which investors often view as a more bullish signal than sales.

Key Details

• Transaction dates and prices:
  • 2026-03-06: 2,000 shares @ $20.78 — $41,560
  • 2026-03-06: 3,000 shares @ $20.77 — $62,310
• Total purchased: 5,000 shares for ~$103,870.
• Shares owned after transaction: Not specified in the disclosed Form 4.
• Footnotes included in the filing:
  • F1: Includes shares of restricted stock vesting 20% per year starting April 24, 2026.
  • F2: Includes shares of restricted stock vesting 33 1/3% per year starting February 25, 2027.
• Filing timeliness: Form 4 was filed on 2026-03-09 for trades on 2026-03-06; the filing appears timely (within the required two business days). No 10b5-1 plan or 10% owner status is indicated in the filing.

Context

• These were open-market purchases, not option exercises, gifts, or awards. The filing does not show any immediate sale of these shares.
• Purchases by executives can be interpreted as a sign of confidence but are not proof of future performance; retail investors should consider company fundamentals and other information before making decisions.