Schwartz Robert Allan 4

What Happened
Robert Allan, Executive VP and General Counsel of ConnectOne Bancorp (CNOB), received a grant of 9,250 deferred stock units on 2026-03-25. The filing lists the acquisition at $0.00 per unit (no cash purchase); the units are awards (transaction code A) and are subject to forfeiture until vested.

Key Details

• Transaction date: 2026-03-25 (Form 4 filed 2026-03-27). Filing appears timely (filed within two business days).
• Amount: 9,250 deferred stock units; reported price $0.00.
• Vesting: 1/3 vests 3/25/27, 1/3 vests 3/25/28, final 1/3 vests 3/25/29 (see footnote F1).
• Shares owned after transaction: not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
• Nature of award: deferred stock units subject to forfeiture; units generally convert to shares (or cash) only upon vesting and are not an immediate open-market purchase or sale.

Context
This was an equity grant rather than a market purchase or sale. Such awards are common as compensation and do not necessarily signal near-term buying or selling by the insider. For investors, awards matter because they increase potential future share issuance if units convert to stock upon vesting.