STOCK TITAN

PB Bankshares (PBBK) CFO reports 8,000-share stock option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

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Negative

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Insider Bixler Lindsay S
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Stock Options 0 $0.00 --
Exercise Common Stock 8,000 $12.28 $98K
holding Common Stock -- -- --
Holdings After Transaction: Stock Options — 11,598 shares (Direct); Common Stock — 14,555 shares (Direct); Common Stock — 2,677 shares (Indirect, By IRA)
Footnotes (1)
  1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 14, 2023. Stock options vest at a rate of 20% per year commencing on November 14, 2023.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bixler Lindsay S

(Last) (First) (Middle)
185 E. LINCOLN HIGHWAY

(Street)
COATESVILLE PA 19320

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PB Bankshares, Inc. [ PBBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/10/2025 M 8,000 A $12.28 14,555(1) D
Common Stock 2,677 I By IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $12.28 12/10/2025 M $8,000 11/14/2023 11/14/2032 Common Stock 8,000(2) $0 11,598(2) D
Explanation of Responses:
1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 14, 2023.
2. Stock options vest at a rate of 20% per year commencing on November 14, 2023.
/s/ Lindsay Bixler 12/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PB Bankshares (PBBK) disclose for its CFO?

PB Bankshares disclosed that Chief Financial Officer Lindsay Bixler exercised stock options on December 10, 2025 for 8,000 shares of common stock at $12.28.

How many PB Bankshares (PBBK) shares does the CFO now beneficially own?

After the reported transaction, Lindsay Bixler beneficially owns 14,555 PB Bankshares common shares directly and 2,677 shares indirectly through an IRA.

What PB Bankshares stock options were exercised in this Form 4 filing?

The filing shows the exercise of 8,000 stock options with a $12.28 exercise price, converting them into shares of PB Bankshares common stock.

How many PB Bankshares stock options remain after the CFO's transaction?

Following the exercise, the CFO continues to hold 11,598 stock options with a $12.28 exercise price, according to the reported holdings.

How do the PB Bankshares restricted stock awards for the CFO vest?

The filing notes that certain shares of restricted stock vest at a rate of 20% per year, starting on November 14, 2023.

What is the vesting schedule for the PB Bankshares stock options reported?

The stock options reported in the filing vest at 20% per year, beginning on November 14, 2023, with an expiration date of November 14, 2032.

Which SEC form reports this PB Bankshares (PBBK) insider transaction?

This insider transaction by the PB Bankshares Chief Financial Officer is reported on SEC Form 4, filed under Section 16(a) reporting requirements.