CAMPANELLI JOSEPH P 4
Research Summary
AI-generated summary
NB Bancorp (NBBK) CEO Joseph P. Campanelli Buys 2,500 Shares
What Happened
Joseph P. Campanelli, President & CEO (also Director and Chairman) of NB Bancorp, acquired 2,500 shares on 2026-03-19 at $20.16 per share, for a total of $50,400. The Form 4 reports the transaction as a purchase (code P), an acquisition rather than a sale.
Key Details
- Transaction date and price: 2026-03-19 — 2,500 shares @ $20.16 each (total $50,400).
- Transaction type: Purchase (open market or private purchase, reported as "P").
- Shares owned after transaction: Not specified in the information provided in this summary.
- 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: Filing date matches the reported transaction date (no late filing indicated in the provided data).
Context
A direct purchase by a CEO increases their outright stake and is often viewed by investors as a positive signal, though it does not prove future performance. The footnotes reference separate restricted-stock grants with multi-year vesting schedules; those are existing/vesting awards and not the open-market purchase itself.