NSTS Bancorp: director Arenas Apolonio sold 57,200 shares

What happened

• Arenas Apolonio, a director, disposed of a total of 57,200 shares on Oct 1, 2026. The filing shows dispositions of 26,700 shares at $14.31 for $382,077; 7,500 shares at $14.31 for $107,325; and 23,000 derivative shares disposed with price and value listed as N/A.

Key details

• Transaction date and prices: Oct 1, 2026 — 26,700 shares at $14.31 ($382,077); 7,500 shares at $14.31 ($107,325); 23,000 derivative shares disposed (price and value N/A).
• Transaction type: all entries reported as "disposition in change of control (U)".
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: Under the Agreement and Plan of Merger dated May 12, 2026, each outstanding common share was converted into the right to receive $14.31 in cash at the effective time of the merger.
  • F2: An option that vested over time was cancelled in the merger and converted into the right to receive cash equal to (number of shares underlying the option) × (the excess of $14.31 over the per share exercise price).
• Filing date: the Form 4 was filed on Oct 2, 2026 (period of report Oct 1, 2026).

Why it may matter

• Two cash payments are shown at $14.31 per share for the listed common-stock dispositions; a separate derivative conversion (option cancellation) was paid as cash computed per the footnote and is listed with N/A value in the transaction lines.
• A filing does not show why the insider traded or why the company acted.