NB Bancorp (NBBK) director amends Form 4 to correct mistaken share sale
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
NB Bancorp, Inc. director Christopher R. Lynch filed an amended insider report updating his share holdings. The filing shows he holds 96,922 shares of common stock directly and 60,000 shares indirectly through an IRA. These amounts include restricted stock that vests 20% per year starting on April 24, 2026, and additional restricted shares that vest fully on January 2, 2027.
The amendment notes that an earlier Form 4 filed on April 27, 2026 mistakenly reported a sale of common stock that did not actually occur, and the beneficial ownership figures have been corrected accordingly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lynch Christopher R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,922 shares (Direct, null);
Common Stock — 60,000 shares (Indirect, By IRA)
Footnotes (1)
- Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 24, 2026. Includes shares of restricted stock which vest 100% on January 2, 2027. On April 27, 2026, a Form 4 was mistakenly filed reporting a disposition of shares of common stock that did not in fact occur. The change in the securities beneficially owned has been corrected accordingly in this amended Form 4.
Key Figures
Direct common shares: 96,922 shares
Indirect IRA shares: 60,000 shares
Vesting start date: April 24, 2026
+2 more
5 metrics
Direct common shares
96,922 shares
Directly held following correction
Indirect IRA shares
60,000 shares
Held indirectly through IRA
Vesting start date
April 24, 2026
Restricted stock vesting 20% per year
Cliff vest date
January 2, 2027
Restricted stock vests 100% on this date
Unknown transactions
2 entries
Classified as holding entries in summary
Key Terms
restricted stock, beneficially owned, Form 4, IRA
4 terms
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
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.
beneficially owned financial
"The change in the securities beneficially owned has been corrected accordingly"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"On April 27, 2026, a Form 4 was mistakenly filed reporting a disposition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
IRA financial
"direct_or_indirect: "I", 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.
FAQ
What does the NB Bancorp (NBBK) amended Form 4/A report for Christopher R. Lynch?
The amended Form 4/A updates Christopher R. Lynch’s reported holdings in NB Bancorp common stock. It corrects a prior mistaken sale entry and now reflects his current direct and indirect ownership, including restricted stock scheduled to vest over 2026 and 2027.
What error does the NB Bancorp (NBBK) Form 4/A correct?
The amendment corrects a prior Form 4 filed on April 27, 2026 that mistakenly reported a disposition of NB Bancorp common stock. The filing states that this sale never occurred and updates the beneficially owned share amounts accordingly.
Does the NB Bancorp (NBBK) Form 4/A show new insider buying or selling?
The Form 4/A does not show new buying or selling activity. Instead, it revises previously reported beneficial ownership after clarifying that a disposition reported on April 27, 2026 did not actually occur, and updates Lynch’s share counts.