PB Bankshares (PBBK) officer exercises stock options, boosts share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PB Bankshares, Inc. reporting person, who serves as Chief Information & Operations Officer, exercised employee stock options on December 10, 2025, acquiring 1,000 shares of common stock at $12.28 per share. These options carry a $12.28 exercise price, vest at a rate of 20% per year starting November 14, 2023, and expire on November 14, 2032.
Following this transaction, the officer beneficially owned 12,056 shares of common stock directly, including restricted stock that vests 20% per year beginning November 14, 2023. The officer also held 652 shares through an IRA, 264 shares through a rollover IRA, 91 shares through a Roth IRA, and 19,023 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
0 shares exercised/converted
Mixed
5 txns
Insider
Witt Larry
Role
Chief Info. & Oper. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 0 | $0.00 | -- |
| Exercise | Common Stock | 1,000 | $12.28 | $12K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 19,023 shares (Direct);
Common Stock — 12,056 shares (Direct);
Common Stock — 652 shares (Indirect, By IRA)
Footnotes (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.