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4//SEC Filing

Carrazza Michael A. 4

Accession 0001628280-25-025842

CIK 0001098146other

Filed

May 14, 8:00 PM ET

Accepted

May 15, 3:50 PM ET

Size

6.4 KB

Accession

0001628280-25-025842

Insider Transaction Report

Form 4
Period: 2025-05-13
Carrazza Michael A.
Director10% Owner
Transactions
  • Purchase

    Common Stock

    2025-05-13$0.75/sh+865,990$649,493865,990 total(indirect: By LLC)
Holdings
  • Common Stock

    (indirect: By Solaia Capital Management Profit Sharing Plan FBO Michael A. Carrazza)
    12,221
  • Common Stock

    55,033
Footnotes (2)
  • [F1]On May 13, 2025, Solaia Capital Holdings LLC purchased the outstanding principal balance and accrued unpaid interest of $649,492.84 of a 8.50% Fixed Rate Senior Note Due January 15, 2026 previously issued by the Issuer and converted it into 865,990 shares of Common Stock at $0.75 per share.
  • [F2]As the manager of Solaia Capital Holdings LLC, the Reporting Person has voting and dispositive power over the shares held by Solaia Capital Holdings LLC.

Issuer

PATRIOT NATIONAL BANCORP INC

CIK 0001098146

Entity typeother

Related Parties

1
  • filerCIK 0001498203

Filing Metadata

Form type
4
Filed
May 14, 8:00 PM ET
Accepted
May 15, 3:50 PM ET
Size
6.4 KB