NSTS Bancorp: CFO Carissa H Schoolcraft sold 79,443 shares

What happened

• Carissa H Schoolcraft, chief financial officer, disposed of 24,190 shares at $14.31 for $346,159 and 5,253 shares at $14.31 for $75,170 on Oct 1, 2026; an additional 50,000 shares tied to an option were converted in the merger (total disposed reported as 79,443 shares).

Key details

• Transaction date: Oct 1, 2026. Price: $14.31 for the 24,190 and 5,253 share dispositions. The 50,000-share derivative shows N/A for price.
• Total cash reported for marketed dispositions: $346,159 and $75,170, totaling $421,329.
• Transaction code: U (disposition in connection with change of control).
• Footnote F1: Under the Agreement and Plan of Merger dated May 12, 2026, each outstanding share of common stock was converted into the right to receive $14.31 in cash at the effective time of the merger.
• Footnote F2: The option that vested in installments beginning Jun 15, 2024, 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 option exercise price).
• Filed on Oct 2, 2026; no late-filing indicator is shown in the provided details.
• Shares owned after the transaction: not reported in the provided filing.

Why it may matter

• The 50,000-share entry arose from an option that was cancelled in the merger and converted into a cash payment per the merger agreement, rather than a typical open-market sale.
• The filing shows two cash dispositions at $14.31 totaling $421,329 and a derivative conversion for 50,000 option-based shares.
• A filing does not show why the insider traded or why the company acted.