NB Bancorp (NBBK) CEO adds 5,000 shares in open‑market purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NB Bancorp, Inc. President, CEO and Chairman Joseph P. Campanelli reported indirect open‑market purchases of a total of 5,000 shares of common stock on March 6, 2026. An IRA associated with him bought 2,000 shares at $20.78 per share, and a trust for which he serves as trustee bought 3,000 shares at $20.77 per share.
Following these trades, the IRA held 47,000 shares and the trust held 3,000 shares. Separate reported holdings show additional direct and indirect common stock positions, including restricted stock that vests 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
6 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 | -- | -- | -- |
| 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
How were Joseph P. Campanelli’s NB Bancorp (NBBK) purchases structured?
The purchases were made indirectly through entities associated with Joseph P. Campanelli. An IRA linked to him acquired 2,000 shares, while a trust for which he serves as trustee acquired 3,000 shares, all as open‑market purchases of NB Bancorp common stock.
What are Joseph P. Campanelli’s NB Bancorp (NBBK) holdings after the reported trades?
After the March 6, 2026 trades, the IRA held 47,000 NB Bancorp common shares and the trust held 3,000 shares. Additional lines report separate direct and indirect common stock positions, including shares held via a 401(k) and an ESOP arrangement.
What roles does Joseph P. Campanelli hold at NB Bancorp (NBBK)?
Joseph P. Campanelli is reported as a director, President, Chief Executive Officer and Chairman of the Board of NB Bancorp, Inc. These leadership roles make his indirect open‑market purchases of the company’s common stock particularly notable to market observers.
Do Joseph P. Campanelli’s NB Bancorp (NBBK) holdings include restricted stock?
Yes. Reported holdings include restricted NB Bancorp common stock with specific vesting schedules. Some restricted shares vest 20% each year beginning April 24, 2026, while another grant vests 33 1/3% each year starting February 25, 2027, subject to applicable conditions.
How much net insider buying did NB Bancorp (NBBK) disclose in this Form 4?
The Form 4 shows net insider buying of 5,000 NB Bancorp common shares by entities associated with Joseph P. Campanelli. There were two purchase transactions and no reported sales, resulting in a net-buy position based on the summarized transaction data.