Carrazza Michael A. 4
4 · PATRIOT NATIONAL BANCORP INC · Filed May 15, 2025
Insider Transaction Report
Form 4
Carrazza Michael A.
Director10% Owner
Transactions
- Purchase
Common Stock
2025-05-13$0.75/sh+865,990$649,493→ 865,990 total(indirect: By LLC)
Holdings
- 12,221(indirect: By Solaia Capital Management Profit Sharing Plan FBO Michael A. Carrazza)
Common Stock
- 55,033
Common Stock
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.