CAMPANELLI JOSEPH P 4/A
Research Summary
AI-generated summary
NB Bancorp (NBBK) CEO Joseph Campanelli Buys 5,000 Shares
What Happened
- Joseph P. Campanelli — President, CEO, Director and Chairman of NB Bancorp (NBBK) — made two open-market purchases on March 6, 2026, acquiring 2,000 shares at $20.78 ($41,560) and 3,000 shares at $20.77 ($62,310), for a total of 5,000 shares costing $103,870. These were purchases (transaction code P), which are typically viewed as a more directly bullish signal than sales. The Form 4 was submitted as an amended filing on March 20, 2026.
Key Details
- Transaction dates/prices: 2026-03-06 — 2,000 shares @ $20.78; 3,000 shares @ $20.77.
- Total acquired: 5,000 shares for $103,870.
- Transaction type: Open-market purchases (SEC code P).
- Shares owned after transaction: Not specified in this filing.
- 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 status: This is an amended Form 4 filed 2026-03-20 and was filed late relative to the March 6 transaction (reduces near-term transparency).
Context
- These were straight open-market purchases (not option exercises or awards) and the shares were acquired outright rather than sold immediately. Purchases by an insider can be interpreted by some investors as a sign of confidence, but they are only one data point. The restricted-stock footnotes describe separate awards with multi-year vesting schedules and are not the same as the open-market buys reported here.