Director Susan C. O'Donnell gets 2,528-share CNOB stock grant (NASDAQ: CNOB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
O'Donnell Susan C reported acquisition or exercise transactions in this Form 4 filing.
ConnectOne Bancorp director receives stock grant. Director Susan C. O'Donnell was awarded 2,528 shares of ConnectOne Bancorp common stock as a grant, with no cash price paid per share. After this award, she directly holds 11,050.59 common shares.
The footnote explains this is restricted stock subject to forfeiture that will vest in full on May 1, 2027. This is a routine, compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Donnell Susan C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,528 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,050.59 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 2,528 shares
Grant price per share: $0.00 per share
Total shares after transaction: 11,050.59 shares
+1 more
4 metrics
Restricted stock grant
2,528 shares
Common Stock grant to director on June 1, 2026
Grant price per share
$0.00 per share
Equity award, non-cash compensation
Total shares after transaction
11,050.59 shares
Director’s direct common stock holdings after grant
Vesting date
May 1, 2027
Restricted stock vests in full on this date
Key Terms
restricted stock, subject to forfeiture, vesting in full, grant, award, or other acquisition
4 terms
restricted stock financial
"Represents a grant of restricted stock subject to forfeiture, vesting in full on May 1, 2027"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
subject to forfeiture financial
"Represents a grant of restricted stock subject to forfeiture, vesting in full on May 1, 2027"
vesting in full financial
"restricted stock subject to forfeiture, vesting in full on May 1, 2027"
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
FAQ
What insider transaction did ConnectOne Bancorp (CNOB) report for Susan C. O'Donnell?
ConnectOne Bancorp reported that director Susan C. O'Donnell received a grant of 2,528 shares of common stock. The award was given at a stated price of $0.00 per share as part of compensation, not through an open-market trade.
Is the CNOB stock grant to director Susan C. O'Donnell immediately vested?
No, the 2,528-share grant to Susan C. O'Donnell is restricted stock subject to forfeiture. According to the disclosure, it will vest in full on May 1, 2027, meaning she must satisfy the vesting condition to fully own the shares.
Does the Susan C. O'Donnell Form 4 for CNOB indicate any stock sales?
The Form 4 for Susan C. O'Donnell shows only an acquisition of 2,528 restricted shares as a grant. There are no reported sales or dispositions in this filing, making it a purely compensation-related equity award rather than a trading transaction.