Gouverneur Bancorp director awarded 2,708 stock options

Gouverneur Bancorp, Inc. director Duane Milton Pelkey reported an award of stock options on common shares.

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Rhea-AI Filing Summary

Gouverneur Bancorp, Inc. director Duane Milton Pelkey reported an award of stock options on common shares. He acquired 2,708 stock options described as a right to buy the company’s stock, reported at $0.0000 per share in the Form 4.

These options were granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan and vest in five approximately annual installments starting on March 2, 2027. Pelkey also reported indirect ownership of 6,000 common shares held through an IRA.

Insider Trade Summary

Grant/Award: 2,708 shares

Grant/Award 2 txns

Insider Pelkey Duane Milton

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	2,708	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 2,708 contracts (Direct); Common Stock — 6,000 shares (Indirect, By IRA)

Footnotes (1)

F1. Stock Options granted pursuant to the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five approximately annual installments commencing on March 2, 2027.

FAQ

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What insider transaction did Duane Milton Pelkey report for GOVB?

Duane Milton Pelkey reported receiving 2,708 stock options on Gouverneur Bancorp common shares. The options were granted as a right to buy stock and recorded at $0.0000 per share in the Form 4 insider filing.

When do Duane Milton Pelkey’s new GOVB stock options vest?

The 2,708 Gouverneur Bancorp stock options granted to Duane Milton Pelkey vest in five roughly annual installments. Vesting begins on March 2, 2027, under the company’s 2025 Equity Incentive Plan, spreading the award over several years of continued service.

How many Gouverneur Bancorp stock options were granted to the director?

Duane Milton Pelkey was granted 2,708 stock options on Gouverneur Bancorp common stock. These derivative securities were reported as a right to buy shares and are tied to the company’s 2025 Equity Incentive Plan with multi-year vesting terms starting in 2027.

Does Duane Milton Pelkey hold additional GOVB shares besides the new options?

Yes. In addition to the newly granted 2,708 stock options, Duane Milton Pelkey reported indirect ownership of 6,000 shares of Gouverneur Bancorp common stock, held by an IRA. This reflects an existing equity position separate from the fresh option award.

What plan governs Duane Milton Pelkey’s GOVB stock option grant?

The stock option grant to Duane Milton Pelkey is issued under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan. The Form 4 notes that the 2,708 options vest in five approximately annual installments, beginning on March 2, 2027, subject to that plan’s terms.

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Accepted by SEC EDGAR 03/03/2026 - 02:58 PM EST

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^*

Pelkey Duane Milton

(Last)

(First)

(Middle)

42 CHURCH STREET

(Street)

GOUVERNEUR

13642

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Gouverneur Bancorp, Inc./MD/ [ GOVB ]

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)
03/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								6,000	I	By IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$17.65	03/02/2026		A		2,708		03/02/2027⁽¹⁾	03/02/2036	Common Stock	2,708	$0.0000	2,708	D

Explanation of Responses:

1. Stock Options granted pursuant to the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five approximately annual installments commencing on March 2, 2027.

	/s/ Duane M. Pelkey	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR