Lavertu Brandon 4

What Happened Brandon Lavertu, Chief Financial Officer of ECB Bancorp (ECBK), purchased 40 shares in open-market transactions on April 30, 2026. The purchases were executed in four lots of 10 shares at prices of $17.85, $17.88, $17.91 and $17.92, for a combined outlay of roughly $716. This was a purchase (insider buying), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction dates: 2026-04-30 (all four purchases).
• Trades: 10 shares @ $17.85; 10 shares @ $17.88; 10 shares @ $17.91; 10 shares @ $17.92.
• Total shares purchased: 40; approximate total value: $715.60 (reported rounds to ~$716).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes in the filing: F1 notes restricted stock that vests 20% per year beginning Oct 31, 2024; F2 notes stock options vesting 20% per year beginning Oct 31, 2024.
• Timeliness: Form filed 2026-05-01 for trades on 2026-04-30 (filed the next day; no late filing indicated in the provided data).
• No 10b5-1 plan, tax-withholding, gift, or option-exercise details were disclosed for these purchases.

Context These were open-market purchases (code P), not option exercises or awards. Purchases by executives can signal confidence but are only one data point—investors should consider company fundamentals and other insider activity. The filing’s footnotes refer to separate restricted stock and option vesting schedules; those are ongoing compensation items and are not the trades reported here.