NOLAN JOSEPH R JR 4
Research Summary
AI-generated summary
NB Bancorp Director Joseph R. Nolan Jr. Sells 4,918 Shares
What Happened
- NOLAN JOSEPH R JR, a director of NB Bancorp, disposed of 4,918 shares on April 24, 2026 as a tax-withholding transaction (Code F). The shares were valued at $19.82 each, totaling roughly $97,475. This was a withholding to cover tax liabilities tied to equity awards, not an open-market sale.
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-27.
- Transaction type: Code F — payment of tax liability via share withholding (disposition).
- Shares disposed: 4,918 at $19.82 per share; aggregate value ≈ $97,475.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — includes restricted stock vesting at 20% per year beginning April 24, 2026. F2 — includes restricted stock vesting 100% on January 2, 2027.
- Timeliness: Filing appears timely (not marked late).
Context
- This disposition appears to be routine tax withholding related to restricted stock vesting. Such withholdings are common and do not necessarily indicate the insider is selling additional shares or signaling a view on company prospects. Purchases or open-market sales are generally more informative about insider sentiment.