[Form 4] Center Bancorp Inc Insider Trading Activity

Rhea-AI Filing Summary

ConnectOne Bancorp (CNOB) Form 4 filing, 08/04/2025:

• Insider: Susan C. O'Donnell, Director.
• Transaction date: 08/01/2025.
• Type: Open-market purchase (Code P).
• Shares bought: 2,690.586 common shares.
• Price: $22.30 per share.
• Total cost: ≈ $60.0 k.
• Post-transaction holding: 8,522.586 shares, held directly.

No derivative transactions were reported. The filing indicates continued board-level confidence via additional personal capital committed to CNOB at roughly the prevailing market price.

Positive

• Independent director increased direct holdings by 46%, suggesting confidence in CNOB’s outlook.
• Only purchases, no sales, provide an unambiguous positive insider signal.

Negative

• Dollar value (~$60k) is immaterial relative to company size, so market impact may be limited.

Insights

Financial Analyst

TL;DR: Director purchased ~2.7k CNOB shares, signaling insider confidence; modest size limits impact.

The buy represents a ~46% increase in O'Donnell's direct stake (from ~5.8k to 8.5k shares). Although the dollar value is small relative to CNOB’s ~$900 m market cap, insider purchases—particularly by independent directors—are generally interpreted as a positive sentiment indicator. No derivatives or sales were disclosed, removing offsetting signals. Overall impact is incrementally positive for investor perception but unlikely to move valuation materially.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O'Donnell Susan C

(Last) (First) (Middle)

C/O CONNECTONE BANCORP, INC.

301 SYLVAN AVENUE

(Street)

ENGLEWOOD CLIFFS NJ 07632

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ConnectOne Bancorp, Inc. [ CNOB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/01/2025		P		2,690.586	A	$22.3	8,522.586	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Laura Criscione, POA	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CNOB shares did director Susan O'Donnell buy?

She purchased 2,690.586 common shares.

What price did the insider pay for CNOB stock?

The purchase price was $22.30 per share.

What is Susan O'Donnell's total CNOB holding after the transaction?

Her direct ownership increased to 8,522.586 shares.

Was the transaction a purchase or sale?

It was an open-market purchase (Transaction Code P).

Did the filing report any derivative securities activity?

No derivative securities were acquired or disposed of.