Schwartz Robert Allan 4
4 · ConnectOne Bancorp, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
ConnectOne (CNOB) EVP Robert Schwartz Withholds 186 Shares
What Happened Robert Allan Schwartz, EVP & General Counsel of ConnectOne Bancorp (CNOB), had 186 shares withheld to satisfy tax withholding related to the vesting of deferred stock units. The shares were valued at $25.95 each for a total of $4,827 on March 20, 2026. This is a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: March 20, 2026; Price per share: $25.95; Total value: $4,827.
- Transaction type: F — shares withheld to cover tax liability upon RSU vesting.
- Grant/vesting note: RSUs were granted June 12, 2025; vesting occurred March 20, 2026 (footnote corrects a prior clerical error that misstated the vesting date).
- Additional shares: Filing notes it also includes 109.55 shares acquired under a dividend reinvestment plan.
- Shares owned after transaction: not specified in the reported details.
Context This was a routine tax-withholding event tied to the vesting of deferred stock units (not a purchase or voluntary sale). Such withholdings are administrative and generally do not indicate insider sentiment about the stock. The filing reports the corrected vesting date and the withholding action; no 10b5-1 plan, gift, or exercise-by-sale is involved.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-20$25.95/sh−186$4,827→ 41,703.83 total
Footnotes (2)
- [F1]Reflects shares withheld for taxes upon the vesting of deferred stock units on March 20, 2026, pursuant to a grant dated June 12, 2025. Due to a clerical error, the reporting persons Form 4 filed on June 12, 2025 incorrectly stated that the deferred stock units vested on March 19, 2026, however, under the grant agreement, the vesting occurred on March 20, 2026, as reflected herein.
- [F2]Also includes 109.55 shares acquired under a dividend reinvestment plan.