NSTS Bancorp: chief lending officer Amy L Avakian sold 86,629 shares

What happened The filing says Amy L Avakian, chief lending officer, made three dispositions on Oct 01, 2026. She disposed of 43,845 shares at $14.31 for $627,422 and 5,284 shares at $14.31 for $75,614. The filing also shows a disposition of 37,500 derivative shares (reported with no per-share price and value listed as N/A).

Key details

• Transaction date: Oct 01, 2026. Filing date: Oct 02, 2026.
• Prices and amounts: 43,845 shares at $14.31 ($627,422); 5,284 shares at $14.31 ($75,614); 37,500 derivative shares with price/value N/A.
• Transaction type: reported as "Disposition in change of control (U)" for all three entries.
• Shares owned after the transactions: not reported in the filing.
• Relevant footnotes from the filing: F1 says each outstanding common share was converted into the right to receive $14.31 in cash at the effective time of the merger; F2 says the option was cancelled in the merger and converted into a cash payment equal to the number of underlying shares multiplied by the excess of $14.31 over the option exercise price.

Why it may matter The filing indicates the cash payments arose from the merger conversion of common shares and from the cancellation/conversion of an option into a cash payment as described in footnote F2. The filing does not show why the insider traded or why the company acted.