Hollister Susan M 4

What Happened Susan M. Hollister, Executive Vice President and Chief Human Resources Officer of Pioneer Bancorp, reported that 2,523 shares were disposed on May 21, 2026 to satisfy a tax obligation (transaction code F). The shares were valued at $14.97 each, for a total of $37,769. This was a share-withholding/tax payment related to equity compensation, not an open-market sale.

Key Details

• Transaction date: May 21, 2026; Price: $14.97 per share; Total value: $37,769.
• Shares disposed/withheld: 2,523.
• Filing date: June 29, 2026 — the Form 4 was filed more than a month after the transaction (appears late relative to the usual 2-business-day deadline).
• Post-transaction share ownership: not specified in the provided filing excerpt.
• Relevant footnotes: F1 notes restricted stock vests at 20% per year starting May 21, 2025; F2 notes stock options vest at 20% per year starting May 21, 2025. Transaction code F denotes payment of exercise price or tax liability.

Context This appears to be routine tax withholding tied to vested equity (restricted stock or option-related tax liability), not an open-market sale that signals a change in conviction. The vesting schedule in the footnotes suggests annual vesting (20% per year) beginning May 21, 2025. The late filing means the disclosure arrived well after the usual reporting window; late filings can reduce the timeliness of the information for investors but do not by themselves indicate substantive intent.