Welcome to our dedicated page for Pb Bankshares SEC filings (Ticker: PBBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
PB Bankshares, Inc. (PBBK) files reports with the U.S. Securities and Exchange Commission as a Nasdaq-listed savings institution classified under "Savings Institutions, Not Federally Chartered." Its SEC filings provide insight into the company’s results of operations, financial condition, and other material events that it chooses to disclose as a public registrant.
Among its filings, PB Bankshares, Inc. uses Form 8-K to report current events. In a referenced Form 8-K, the company disclosed that it issued a press release reporting financial results for particular three- and nine-month periods. That press release was attached as Exhibit 99.1 and was expressly described as being furnished to the SEC, rather than filed, which is an important distinction under SEC rules.
The same Form 8-K includes Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits). Under Item 9.01, PB Bankshares, Inc. indicated that there were no financial statements of businesses acquired, no pro forma financial information, and no shell company transactions related to the event. The filing also identifies Exhibit 104, the cover page interactive data file embedded within the Inline XBRL document, reflecting the SEC’s structured data requirements.
On this filings page, users can review PB Bankshares, Inc.’s SEC submissions, including current reports like Form 8-K that describe earnings-related press releases and list associated exhibits. AI-powered tools on the platform can help summarize these filings, highlight key sections such as results of operations, and make it easier to understand how PB Bankshares, Inc. presents information about its Nasdaq-listed common stock and regulatory disclosures.
Jacobs Asset Management, LLC and related reporting persons report that they now beneficially own 0 shares (0%) of PB BANKSHARES INC common stock. The Schedule 13G/A amendment shows no sole or shared voting or dispositive power for Jacobs Asset Management, Partners LP, Managers LLC, or Sy Jacobs.
The filing indicates that these investors now hold 5 percent or less of PB Bankshares’ common stock, meaning they are no longer significant beneficial owners under SEC reporting thresholds. The certification also states the securities were not acquired or held for the purpose of changing or influencing control of the company.
PB Bankshares, Inc. director John V. Pinno III reported changes in his holdings tied to the company’s merger with Norwood Financial Corp. Under a Merger Agreement dated July 7, 2025, each PB Bankshares common share was converted at the merger’s effective time into the right to receive, at the holder’s election, either 0.7850 shares of Norwood common stock or $19.75 in cash, subject to proration so that 80% of PB Bankshares shares receive stock consideration.
The filing shows a disposition of 9,500 shares of PB Bankshares common stock, leaving the director with no PB Bankshares common shares after the transaction. In addition, stock options covering 3,000 shares with a per share exercise price of $12.28 were cancelled in exchange for a cash payment calculated using the $19.75 cash consideration formula, net of applicable withholding taxes, resulting in no remaining PB Bankshares stock options.
PB Bankshares director Thomas R. Greenfield reported the disposition of 17,500 shares of common stock on January 5, 2026, in connection with the company’s merger. Following this transaction, he reported owning zero PB Bankshares shares directly. The filing indicates that each issued and outstanding PB Bankshares share was converted at the merger’s effective time into the right to receive either 0.7850 shares of Norwood Financial Corp. common stock or $19.75 in cash, subject to proration so that 80% of PB Bankshares shares receive stock consideration.
The Form 4 also shows that stock options with an exercise price of $12.28 covering 3,000 PB Bankshares shares were cancelled on January 5, 2026. Under the merger agreement, each outstanding unexercised option was exchanged for a cash payment based on the excess, if any, of the $19.75 cash consideration over the option exercise price, multiplied by the number of underlying shares, after applicable tax withholding. Unvested restricted stock fully vested at the effective time and was treated as outstanding common stock entitled to the same merger consideration.
PB Bankshares, Inc. director Carroll Joseph W reported merger-related changes in his holdings on a Form 4 for January 5, 2026. He disposed of 50,795 shares of PB Bankshares common stock held directly, as well as indirect holdings of 10,000 shares by spouse, 1,000 shares by an IRA, and 1,000 shares by spouse's IRA, leaving him with no reported PB Bankshares shares after the transactions. In addition, 4,552 stock options were cancelled.
These changes occurred under a Merger Agreement among Norwood Financial Corp., Wayne Bank, PB Bankshares and Presence Bank. At the effective time of the merger, each PB Bankshares share was converted into the right to receive either 0.7850 Norwood common share or $19.75 in cash, with proration to ensure that 80% of PB Bankshares shares receive stock consideration. Unvested restricted stock vested and received the same merger consideration, and each outstanding option was cancelled for a cash payment based on the excess of the cash consideration over its exercise price.
PB Bankshares director Mary Joye Wentz reported the termination of her equity stake in connection with the company’s merger with Norwood Financial Corp. On January 5, 2026, she disposed of 8,500 shares of PB Bankshares common stock and had her stock options position reduced to zero as all options were cancelled for cash under the merger terms. Each PB Bankshares common share was converted into the right to receive either 0.7850 shares of Norwood common stock or $19.75 in cash, subject to proration so that 80% of PB Bankshares shares receive stock consideration. All unvested restricted stock vested at the effective time and was treated as outstanding common stock eligible for the same merger consideration.
PB Bankshares, Inc. director R. Cheston Woolard reported the disposition of his holdings in connection with the merger of PB Bankshares with Norwood Financial Corp. On January 5, 2026, he reported disposing of 19,500 shares of PB Bankshares common stock held directly and 2,000 shares held indirectly "By Company," leaving no reported common stock holdings after the transaction.
Footnotes state that under the July 7, 2025 Merger Agreement, each PB Bankshares share was converted at the effective time into the right to elect either 0.7850 shares of Norwood common stock or $19.75 in cash, with proration so that 80% of PB Bankshares shares receive stock consideration. All unvested restricted stock vested and was eligible for this merger consideration, and 3,000 stock options were cancelled in exchange for a cash amount based on the merger cash price and each option’s exercise price.
PB Bankshares, Inc. director Dawood Bony filed a Form 4 reporting his beneficial ownership of the company’s common stock. As of the reported transaction date of January 5, 2026, the filing shows he beneficially owns 0 shares of PB Bankshares common stock in direct ownership form. The filing does not list any specific purchases or sales, instead reflecting a holding position of zero shares following the reported date.
PB Bankshares, Inc. reported that a company director exercised stock options on 12/12/2025, acquiring 4,500 shares of common stock at an exercise price of $12.28 per share. After this transaction, the director directly owns 9,500 shares of PB Bankshares common stock.
The filing also shows stock options originally covering 4,500 shares, with the options vesting at a rate of 20% per year commencing on November 14, 2023. Following the exercise, the director continues to hold 3,000 stock options, which are likewise subject to this vesting schedule.
PB Bankshares Chief Financial Officer Lindsay Bixler reported exercising stock options for 8,000 shares of common stock at $12.28 on December 10, 2025. Following this transaction, Bixler beneficially owns 14,555 PB Bankshares shares directly and 2,677 shares indirectly through an IRA. After the exercise, 11,598 stock options with a $12.28 exercise price remain outstanding, and both these options and certain restricted stock awards vest at a rate of 20% per year beginning on November 14, 2023.