ConnectOne Bancorp (CNOB) president reports tax-withholding of 5,368 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConnectOne Bancorp, Inc. director and Bank President Elizabeth Magennis reported routine tax-withholding dispositions of company stock tied to equity award vesting. On March 20 and March 23, 2026, a total of 5,368 shares of Common Stock were withheld to cover taxes upon vesting of deferred stock units granted in 2023, 2024 and 2025. These are not open-market sales but shares delivered to satisfy tax liabilities. Following these transactions, Magennis holds 128,867 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Magennis Elizabeth
Role
Bank President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,385 | $26.72 | $37K |
| Tax Withholding | Common Stock | 2,379 | $25.95 | $62K |
| Tax Withholding | Common Stock | 1,604 | $25.95 | $42K |
Holdings After Transaction:
Common Stock — 128,867 shares (Direct)
Footnotes (1)
- Reflects shares withheld for taxes upon the vesting of deferred stock units on March 20, 2026 pursuant to a grant dated March 20, 2023. Reflects shares withheld for taxes upon the vesting of deferred stock units on March 20, 2026 pursuant to a grant dated March 20, 2025. Reflects shares withheld for taxes upon the vesting of deferred stock units on March 23, 2026 (the first business day following the Sunday, March 22, 2026 vesting date) pursuant to a grant dated March 22, 2024.
FAQ
What insider transactions did ConnectOne Bancorp (CNOB) report for Elizabeth Magennis?
Elizabeth Magennis reported dispositions of 5,368 shares of ConnectOne Bancorp Common Stock. These were shares withheld to pay taxes upon vesting of deferred stock units on March 20 and March 23, 2026, rather than discretionary open-market sales.