NB Bancorp (NBBK) CEO boosts direct stake to 379,790 shares
Rhea-AI Filing Summary
NB Bancorp, Inc. (NBBK) reported that President, CEO and Chairman Joseph P. Campanelli purchased 2,000 shares of common stock on August 20, 2026 at $21.75 per share in an open-market or private transaction. Following this buy, his directly held stake rose to 379,790 shares, which includes restricted stock that vests 20% per year beginning April 24, 2026 and other restricted shares vesting 33 1/3% per year beginning February 25, 2027.
Campanelli also reports indirect holdings of 47,000 shares through an IRA, 3,000 shares as trustee for a trust, 51,220 shares via a 401(k), and 3,677 shares through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
5 txns
Insider
CAMPANELLI JOSEPH P
Role
President & CEO
Bought
2,000 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 2,000 | $21.75 | $44K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 379,790 shares (Direct);
Common Stock — 47,000 shares (Indirect, By IRA);
Common Stock — 3,000 shares (Indirect, As trustee for trust);
Common Stock — 51,220 shares (Indirect, By 401(k));
Common Stock — 3,677 shares (Indirect, By ESOP)
Footnotes (2)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 24, 2026.
- F2. Shares of restricted stock vest at a rate of 33 1/3% per year commencing on February 25, 2027.
Key Figures
Shares purchased: 2,000 shares of Common Stock
Purchase price per share: $21.75 per share
Direct holdings after transaction: 379,790 shares
+5 more
8 metrics
Shares purchased
2,000 shares of Common Stock
Purchase on August 20, 2026
Purchase price per share
$21.75 per share
Open-market or private transaction on August 20, 2026
Direct holdings after transaction
379,790 shares
Common Stock directly owned following August 20, 2026 purchase
Indirect holdings via IRA
47,000 shares
Common Stock held indirectly by IRA
Indirect holdings via 401(k)
51,220 shares
Common Stock held indirectly by 401(k)
Indirect holdings via ESOP
3,677 shares
Common Stock held indirectly by ESOP
Restricted stock vesting rate 1
20% per year
Restricted stock vesting commencing April 24, 2026
Restricted stock vesting rate 2
33 1/3% per year
Restricted stock vesting commencing February 25, 2027
Key Terms
restricted stock, ESOP, IRA, 401(k)
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.
ESOP financial
"Indirect ownership nature described as "By ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
IRA financial
"Indirect ownership nature described as "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.
401(k) financial
"Indirect ownership nature described as "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did NB Bancorp (NBBK) disclose for Joseph P. Campanelli?
NB Bancorp disclosed that Joseph P. Campanelli purchased 2,000 shares of common stock on August 20, 2026 at $21.75 per share, increasing his directly held position to 379,790 shares, including restricted stock subject to vesting schedules.
What indirect NB Bancorp (NBBK) holdings does Joseph P. Campanelli report?
Joseph P. Campanelli reports indirect NB Bancorp holdings of 47,000 shares via an IRA, 3,000 shares as trustee for a trust, 51,220 shares through a 401(k), and 3,677 shares through an ESOP, in addition to his direct holdings.
Does this NB Bancorp (NBBK) Form 4 transaction involve a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, so the reported purchase of 2,000 shares at $21.75 per share was not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
