Restricted stock award boosts NB Bancorp (NBBK) CEO share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CAMPANELLI JOSEPH P reported acquisition or exercise transactions in this Form 4 filing.
NB Bancorp, Inc. President and CEO Joseph P. Campanelli received a grant of 63,015 shares of common stock as a restricted stock award on February 25, 2026 at a stated price of $0.0000 per share. These restricted shares vest at a rate of 33 1/3% per year starting on February 25, 2027.
After this grant, his directly held common stock totals 394,161 shares. He also has indirect ownership through retirement and employee plans, including 45,000 shares held by an IRA, 49,597 shares held by a 401(k), and 3,677 shares held by an ESOP. Some of the reported totals include earlier restricted stock that vests 20% per year beginning April 24, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
CAMPANELLI JOSEPH P
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 63,015 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 394,161 shares (Direct);
Common Stock — 45,000 shares (Indirect, By IRA)
Footnotes (1)
- Shares of restricted stock vest at a rate of 33 1/3% per year commencing on February 25, 2027. Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 24, 2026. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
FAQ
What insider transaction did NB Bancorp (NBBK) report for its CEO?
NB Bancorp reported a grant of 63,015 shares of common stock to President and CEO Joseph P. Campanelli. The shares are a restricted stock award, issued at a stated price of $0.0000 per share, increasing his directly held common stock to 394,161 shares.
What indirect NB Bancorp (NBBK) holdings does the CEO report?
The CEO reports several indirect holdings: 45,000 shares held by an IRA, 49,597 shares held by a 401(k), and 3,677 shares held by an ESOP. These are beneficially owned through retirement and employee stock ownership arrangements rather than directly in his own name.
Were all NB Bancorp (NBBK) CEO transactions on this date Section 16 reportable?
No. A footnote states that certain reflected transactions are not required to be reported under Section 16 of the Securities Exchange Act of 1934. The Form 4 focuses on the material grant and updated holdings, with some internal plan movements excluded from mandatory reporting.