4Filed Sep 9, 8:00 PM ET

Patriot National Bancorp (PNBK) Director Mario De Tomasi Buys Stock

$PNBK · PATRIOT NATIONAL BANCORP INC

Research Summary

AI-generated summary of this SEC filing

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Patriot National Bancorp (PNBK) Director Mario De Tomasi Buys Stock

What Happened
Mario De Tomasi, a director of Patriot National Bancorp, purchased 63,000 shares of the company's common stock in an open-market transaction on September 8, 2026. The shares were bought at an average price of $0.96 per share, for a total reported cost of $60,480. This was a purchase (a direct acquisition of shares), which some investors view as a potentially bullish signal.

Key Details

  • Transaction date and type: 2026-09-08 — Open market purchase (Code P)
  • Price and amount: 63,000 shares at an average of $0.96 per share; total ~$60,480
  • Filing date: Form 4 filed 2026-09-10 (two days after the transaction); appears to be timely under the two-business-day reporting rule
  • Shares owned after transaction: Not specified in the provided filing details
  • Footnote: F1 confirms the open-market purchase and the $0.96 average price

Context

  • This was a straightforward open-market purchase of common stock (not an option exercise, award, or gift).
  • Purchases by directors can be of interest to retail investors as one datapoint about insider sentiment, but they do not by themselves establish future performance.