CLARKE JAMES J 4

What Happened

• James J. Clarke, a director of Quaint Oak Bancorp, Inc. (QNTO), acquired 200 shares on May 26, 2026 at $17.35 per share, for a total cash outlay of $3,470. The transaction is reported as a purchase (code P), meaning the insider added to his holdings rather than selling.

Key Details

• Transaction date and price: May 26, 2026 — 200 shares at $17.35 each.
• Total value: $3,470.
• Transaction type: Purchase (P) — reported as an open-market or private purchase.
• Filing date: May 27, 2026 (filed the next day); this appears timely under Form 4 rules.
• Shares owned after transaction: The filing excerpt does not list a single total; footnote F1 states holdings include 36,150 shares held jointly with the reporting person’s spouse and 400 unvested shares from a 2023 Stock Incentive Plan.
• Notable footnotes:
  • F1: 400 unvested shares from the 2023 Stock Incentive Plan (part of a 1,000-share grant vesting 20% per year starting May 10, 2024) and 36,150 jointly held shares are included in reported holdings.
  • F2: Related options vest at 20% per year commencing May 10, 2024.

Context

• Insider purchases are often watched by retail investors as a signal that a company insider is willing to commit personal capital, but they are not definitive predictors of future stock performance.
• The filing also references unvested awards and an option vesting schedule; these are standard compensation mechanics for directors and do not indicate immediate sales or cashless exercises.