NSTS Bancorp: director Emily Ansani sold 32,200 shares

What happened Emily E. Ansani, director, disposed of 9,200 shares at $14.31 per share on Oct 1, 2026 for $131,652 and had 23,000 derivative shares disposed in connection with a change of control.

Key details

• Transaction date: Oct 1, 2026. Price reported: $14.31 for the 9,200-share disposition; the 23,000-share derivative disposition shows no per-share price in the filing.
• Consideration: $131,652 reported for the 9,200-share cash payment; cash amount for the 23,000 derivative position is not reported in the Form 4.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: Under the merger agreement 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 five years was cancelled in the merger and converted into the right to receive cash equal to (shares underlying the option) × (the excess of $14.31 over the option exercise price).
• Filing date: Oct 2, 2026.

Why it may matter

• The 9,200-share disposition was a cash payment at $14.31 per share. The 23,000-share entry reflects an option/derivative converted into a cash payment under the merger agreement rather than a market sale of common stock.
• A filing does not show why the insider traded or why the company acted.