Gouverneur Bancorp CEO granted options and stock

Gouverneur Bancorp President and CEO Stephen Michael Jefferies reported new equity awards.

Rhea-AI Filing Summary

Gouverneur Bancorp President and CEO Stephen Michael Jefferies reported new equity awards. He received stock options for 10,000 shares of common stock at an exercise price of $0.00 per share and a stock award of 4,000 common shares.

Both the stock options and stock award were granted under the company’s 2025 Equity Incentive Plan and will vest in five equal annual installments starting on March 2, 2027. After these grants, he holds 10,000 options directly and 4,000 common shares indirectly by stock award.

Insider Trade Summary

Grant/Award: 14,000 shares

Grant/Award 2 txns

Insider Jefferies Stephen Michael

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	10,000	$0.00	$0.00
Grant/Award	Common Stock	4,000	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 10,000 contracts (Direct); Common Stock — 4,000 shares (Indirect, By Stock Award)

Footnotes (2)

1. F1. Stock Awards granted pursuant to the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five equal annual installments commencing on March 2, 2027.
2. F2. Stock Options granted pursuant to the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five equal annual installments commencing on March 2, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Gouverneur Bancorp (GOVB) report for Stephen Michael Jefferies?

Gouverneur Bancorp reported that President and CEO Stephen Michael Jefferies received equity awards, not open-market trades. He was granted stock options for 10,000 shares and a stock award of 4,000 common shares, both recorded as acquisitions on March 2, 2026.

How many stock options did the GOVB CEO receive in the latest Form 4 filing?

The CEO received stock options covering 10,000 shares of Gouverneur Bancorp common stock. These options were granted at an exercise price of $0.00 per share and are part of an equity incentive package disclosed as a derivative acquisition on March 2, 2026.

What common stock award was granted to the Gouverneur Bancorp (GOVB) CEO?

Stephen Michael Jefferies was granted 4,000 shares of Gouverneur Bancorp common stock as a stock award. This non-derivative award is reported as indirectly owned, labeled “By Stock Award,” increasing his reported common share holdings to 4,000 after the transaction.

When do the Gouverneur Bancorp (GOVB) CEO’s new equity awards vest?

Both the stock options and stock awards vest over time, not immediately. The Form 4 footnotes state they vest in five equal annual installments, with vesting beginning on March 2, 2027, under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan.

Under what plan were the latest GOVB CEO equity awards granted?

The awards were granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan. Footnotes explain that both the 10,000 stock options and the 4,000-share stock award follow this plan’s terms, including five equal annual vesting installments starting March 2, 2027.

How did the Form 4 change the GOVB CEO’s reported holdings?

After the reported transactions, Jefferies directly holds 10,000 stock options and indirectly holds 4,000 common shares via a stock award. The filing specifies these post-transaction totals for each security type, clarifying his equity position immediately following the March 2, 2026 grants.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/03/2026 - 02:57 PM EST Learn about SEC filing dates

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^*

Jefferies Stephen Michael

(Last) (First) (Middle)

42 CHURCH STREET

(Street)

GOUVERNEUR NY 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
X	Officer (give title below)		Other (specify below)
	President & CEO

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		A		4,000	A	$0.0000	4,000	I	By Stock Award(1)

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
Stock Option (right to buy)	$17.65	03/02/2026		A		10,000		03/02/2027(2)	03/02/2036	Common Stock	10,000	$0.0000	10,000	D

Explanation of Responses:

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

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

	/s/ Stephen Michael Jefferies	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.