ConnectOne Bancorp, Inc.·4

Mar 24, 3:00 PM ET

Javitz Joseph T. 4

4 · ConnectOne Bancorp, Inc. · Filed Mar 24, 2026

Research Summary

AI-generated summary of this filing

Updated

ConnectOne (CNOB) EVP Joseph T. Javitz Sells Shares for Tax Withholding

What Happened

  • Joseph T. Javitz, EVP & Chief Credit Officer of ConnectOne Bancorp (CNOB), had a total of 1,649 shares withheld to satisfy tax withholding when deferred stock units vested. The transactions are reported as disposals under code F (tax withholding), not open-market sales, and the combined value of the withheld shares is about $43,151.
  • Breakdown by event: 722 shares at $25.95 for $18,736 (vested 3/20/2026, grant 3/20/2023), 461 shares at $25.95 for $11,963 (vested 3/20/2026, grant 3/20/2025), and 466 shares at $26.72 for $12,452 (vested 3/23/2026, grant 3/22/2024).

Key Details

  • Transaction dates and prices:
    • 2026-03-20: 722 shares @ $25.95 = $18,736 (F1)
    • 2026-03-20: 461 shares @ $25.95 = $11,963 (F2)
    • 2026-03-23: 466 shares @ $26.72 = $12,452 (F3)
  • Total shares withheld: 1,649; total value ≈ $43,151.
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes:
    • F1: Withheld for taxes on deferred stock units vesting 3/20/2026 (grant dated 3/20/2023).
    • F2: Withheld for taxes on deferred stock units vesting 3/20/2026 (grant dated 3/20/2025).
    • F3: Withheld for taxes on deferred stock units vesting 3/23/2026 (first business day after 3/22/2026; grant dated 3/22/2024).
  • Filing timeliness: Form 4 filed 2026-03-24. Based on the transaction dates (3/20 and 3/23), the filing appears timely (within the required two business days).

Context

  • Transaction code F indicates shares were withheld by the company to cover tax obligations on vested awards — a routine administrative disposition rather than an indication of the insider actively selling shares on the market.
  • For retail investors, tax-withholding disposals are common after awards vest and are not typically interpreted as a signal of insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-20
Javitz Joseph T.
EVP & Chief Credit Officer
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-03-20$25.95/sh722$18,73620,423.78 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-20$25.95/sh461$11,96319,962.78 total
  • Tax Payment

    Common Stock

    [F3]
    2026-03-23$26.72/sh466$12,45219,496.78 total
Footnotes (3)
  • [F1]Reflects shares withheld for taxes upon the vesting of deferred stock units on March 20, 2026 pursuant to a grant dated March 20, 2023.
  • [F2]Reflects shares withheld for taxes upon the vesting of deferred stock units on March 20, 2026 pursuant to a grant dated March 20, 2025.
  • [F3]Reflects shares withheld for taxes upon the vesting of deferred stock units on March 23, 2026 (the first business day following the Sunday, March 22, 2026 vesting date) pursuant to a grant dated March 22, 2024.
Signature
/s/ Laura Criscione, POA|2026-03-24

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT