NB Bancorp (NBBK) CEO adds 5,000 shares in open-market purchases
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
NB Bancorp, Inc. President, CEO and Chairman Joseph P. Campanelli reported open-market share purchases. On March 6, 2026, he bought 5,000 shares of common stock in total, including 2,000 shares through an IRA at $20.78 per share and 3,000 shares as trustee for a trust at $20.77 per share.
Following these transactions, the IRA held 47,000 shares and the trust held 3,000 shares. Separate holding entries show 394,161 shares held directly, 49,597 shares indirectly through a 401(k), and 3,677 shares indirectly through an ESOP as of that date. Footnotes state the direct holdings include restricted stock vesting 20% per year starting April 24, 2026 and 33 1/3% per year starting February 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($103,870)
Net Buy
5 txns
Insider
CAMPANELLI JOSEPH P
Role
President & CEO
Bought
5,000 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $20.78 | $42K |
| Purchase | Common Stock | 3,000 | $20.77 | $62K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 47,000 shares (Indirect, By IRA);
Common Stock — 394,161 shares (Direct)
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 at a rate of 33 1/3% per year commencing on February 25, 2027.
FAQ
What insider transaction did NB Bancorp (NBBK) report for Joseph P. Campanelli?
NB Bancorp reported that Joseph P. Campanelli, its President, CEO and Chairman, purchased 5,000 shares of common stock in open-market transactions. The buys occurred on March 6, 2026 and were executed through an IRA account and a trust he serves as trustee.
How are Joseph P. Campanelli’s NB Bancorp (NBBK) holdings structured after the reported trades?
After the trades, the IRA held 47,000 shares and the trust held 3,000 shares. Additional holding entries show 394,161 shares held directly, 49,597 shares held indirectly through a 401(k), and 3,677 shares held indirectly through an ESOP as of the transaction date.
What does the NB Bancorp (NBBK) Form 4/A disclose about the CEO’s restricted stock?
The filing notes that Campanelli’s direct holdings include restricted stock with two vesting schedules. One grant vests 20% per year starting April 24, 2026, and another vests 33 1/3% per year starting February 25, 2027, increasing his accessible shares over time.