ConnectOne (CNOB) Director Michael W. Kempner Receives Award

What Happened

Michael W. Kempner, a director of ConnectOne Bancorp, Inc. (CNOB), received a grant of 2,528 restricted shares on June 1, 2026. The grant was reported on a Form 4 filed June 3, 2026. The shares were granted at $0.00 per share (i.e., no cash purchase) and are subject to forfeiture until they vest.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,528 restricted shares; price reported: $0.00.
• Vesting: Shares vest in full on May 1, 2027 (footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• No indication in the filing of tax withholding, 10b5-1 plan, or a sale—this is a compensation award, not a market purchase or sale.

Context

Restricted stock grants are common director compensation and are subject to forfeiture until vesting, so they do not represent immediate equity liquidity or a market purchase. For retail investors, purchases can be a stronger signal of personal investment than standard compensation grants; this filing primarily documents compensation and future ownership potential rather than a trading decision.