Burns William S 4

What Happened
William S. Burns, Senior Executive Vice President and Chief Financial Officer of ConnectOne Bancorp (CNOB), had a total of 4,917 shares withheld to satisfy tax withholding when deferred stock units vested. The withholding transactions disposed of: 2,211 shares at $25.95 ($57,375) and 1,418 shares at $25.95 ($36,797) on March 20, 2026, and 1,288 shares at $26.72 ($34,415) on March 23, 2026 — aggregate value ≈ $128,587. These were tax-withholding dispositions (transaction code F), not open-market sales for investment purposes.

Key Details

• Filing date: March 24, 2026. Report period includes transactions dated March 20 and March 23, 2026.
• Individual transactions:
  • 3/20/2026: 2,211 shares withheld at $25.95 for $57,375 (F; grant dated 3/20/2023 — F1).
  • 3/20/2026: 1,418 shares withheld at $25.95 for $36,797 (F; grant dated 3/20/2025 — F2).
  • 3/23/2026: 1,288 shares withheld at $26.72 for $34,415 (F; vesting effective 3/23/2026 for grant dated 3/22/2024 — F3).
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• Transaction code meaning: F = shares withheld to satisfy tax withholding on vested awards (routine, not a market sale).
• Timeliness: Form 4 filed March 24, 2026 — the filing appears timely under Form 4 reporting rules.

Context
These dispositions reflect "sell-to-cover" style tax withholding upon the vesting of deferred stock units (grants from 2023, 2024 and 2025). Such routine tax-withholding transactions are common and do not necessarily indicate a change in the insider's view of the company’s prospects.