Gouverneur Bancorp (GOVB) director adds shares and holds options

Q: What are the key terms of Pelkey’s stock options in GOVB?

Pelkey’s stock options cover 2,708 shares of Gouverneur Bancorp Common Stock at an exercise price of $17.65 per share . They expire on March 2, 2036 and were granted under the 2025 Equity Incentive Plan with multi-year vesting.

Q: When do Duane Pelkey’s GOVB stock options vest?

Pelkey’s stock options granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five approximately annual installments. Vesting begins on March 2, 2027 , spreading the option availability over several years as specified in the plan footnote.

Q: How is Pelkey’s indirect ownership in Gouverneur Bancorp (GOVB) structured?

Pelkey’s indirect ownership consists of 6,000 shares of Gouverneur Bancorp Common Stock held by IRA . This means the shares are owned through an individual retirement account, which is reported as indirect beneficial ownership on the Form 4.

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Gouverneur Bancorp director Duane Milton Pelkey bought shares of the company’s stock. On an open-market transaction dated May 1, 2026, he purchased 750 shares of Common Stock at $19.00 per share, held directly.

In addition, he reports 6,000 shares of Common Stock held indirectly through an IRA and stock options covering 2,708 shares of Common Stock. These options have an exercise price of $17.65 per share, expire on March 2, 2036, and were granted under the 2025 Equity Incentive Plan, vesting in five approximately annual installments beginning March 2, 2027.

Insider Trade Summary

Net Buyer: 750 shares ($14,250)

Net Buy 3 txns

Insider Pelkey Duane Milton

Role null

Bought 750 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	750	$19.00	$14K
holding	Stock Option (right to buy)	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 750 shares (Direct, null); Stock Option (right to buy) — 2,708 shares (Direct, null); Common Stock — 6,000 shares (Indirect, By IRA)

Footnotes (1)

[object Object]

Key Figures

Open-market purchase: 750 shares at $19.00/share Direct common shares after trade: 750 shares Indirect common shares (IRA): 6,000 shares +3 more

6 metrics

Open-market purchase 750 shares at $19.00/share Common Stock bought on May 1, 2026

Direct common shares after trade 750 shares Direct ownership following purchase

Indirect common shares (IRA) 6,000 shares Indirect ownership by IRA

Stock option underlying shares 2,708 shares Common Stock underlying options

Option exercise price $17.65/share Stock Option (right to buy)

Option expiration date March 2, 2036 Stock Option term end

Key Terms

Stock Option (right to buy), Equity Incentive Plan, IRA

3 terms

Stock Option (right to buy) financial

"security_title: "Stock Option (right to buy)" with underlying Common Stock"

Equity Incentive Plan financial

"granted pursuant to the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

IRA financial

"Common Stock held indirectly with nature_of_ownership: By IRA"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 12:52 PM

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

NEW YORK

13642

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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	05/01/2026		P		750	A	$19	750	D
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							03/02/2027⁽¹⁾	03/02/2036	Common Stock	2,708		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.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney

	/s/ James D. Campanaro, Power of Attorney	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Duane Milton Pelkey report for GOVB?

Director Duane Milton Pelkey reported an open-market purchase of 750 shares of Gouverneur Bancorp (GOVB) Common Stock. The trade occurred on May 1, 2026 at $19.00 per share, and the newly purchased shares are held directly in his name.

How many Gouverneur Bancorp (GOVB) shares does Pelkey hold after this Form 4?

After the reported transactions, Duane Milton Pelkey directly holds 750 shares of Common Stock and indirectly holds 6,000 shares through an IRA. He also has stock options tied to 2,708 underlying shares of Common Stock.

What are the key terms of Pelkey’s stock options in GOVB?

Pelkey’s stock options cover 2,708 shares of Gouverneur Bancorp Common Stock at an exercise price of $17.65 per share. They expire on March 2, 2036 and were granted under the 2025 Equity Incentive Plan with multi-year vesting.

When do Duane Pelkey’s GOVB stock options vest?

Pelkey’s stock options granted under the Gouverneur Bancorp, Inc. 2025 Equity Incentive Plan vest in five approximately annual installments. Vesting begins on March 2, 2027, spreading the option availability over several years as specified in the plan footnote.

How is Pelkey’s indirect ownership in Gouverneur Bancorp (GOVB) structured?

Pelkey’s indirect ownership consists of 6,000 shares of Gouverneur Bancorp Common Stock held by IRA. This means the shares are owned through an individual retirement account, which is reported as indirect beneficial ownership on the Form 4.