Every Form 4 that Pb Bankshares Inc (PBBK) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow PBBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PBBK filings page.
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.
PB Bankshares, Inc. reported an insider transaction by a director involving company common stock and stock options.
On 12/10/2025, the director acquired 1,910 shares of PB Bankshares common stock at $12.28 per share. After this transaction, the director directly beneficially owned 7,910 shares, which include restricted stock that vests at a rate of 20% per year commencing on 11/14/2023.
The filing also shows stock options with a $12.28 exercise price expiring on 11/14/2032, covering 5,590 stock options beneficially owned following the transaction. These options vest at 20% per year beginning on 11/14/2023.
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.
PB Bankshares, Inc. director reported an option exercise and related share ownership update. On 12/03/2025, the insider exercised 4,500 stock options at an exercise price of $12.28 per share, receiving the same number of common shares. Following this transaction, the reporting person beneficially owns 12,500 shares of common stock directly and 10,000 shares indirectly through the company.
The filing notes that part of the direct holdings consists of restricted stock that vests 20% per year starting November 14, 2023. The exercised options were from a grant that also vests at 20% per year beginning on the same date, and after this exercise 3,000 stock options remain beneficially owned.
PB Bankshares, Inc. (PBBK) director reports option exercise and stock acquisition. On 11/24/2025, the reporting person exercised stock options for 4,500 shares of common stock at an exercise price of $12.28 per share, coded as transaction type "M" (option exercise). After this transaction, the person directly beneficially owned 19,500 shares of common stock and indirectly beneficially owned 2,000 shares through the company.
The filing shows these 4,500 shares came from stock options originally covering 4,500 shares of common stock, with an exercise price of $12.28, first exercisable on November 14, 2023 and expiring on November 14, 2032. Following the exercise, 3,000 derivative securities (stock options) remained beneficially owned. The footnotes explain that both the restricted stock and these options vest at a rate of 20% per year commencing on November 14, 2023.
PB Bankshares, Inc. (PBBK) executive vice president and chief credit/risk officer reported an exercise of employee stock options and acquisition of common stock. On 11/24/2025, the insider exercised options (transaction code M) to acquire 11,625 shares of common stock at a price of $12.28 per share. Following this transaction, the insider beneficially owns 19,090 shares of PB Bankshares common stock in direct form, which includes restricted shares that vest 20% per year starting November 14, 2023.
The exercised options came from a grant that also vests 20% per year beginning November 14, 2023. After this exercise, the insider continues to hold 7,752 stock options at an exercise price of $12.28, expiring on November 14, 2032.
PB Bankshares, Inc. (PBBK) director reported exercising stock options for 6,825 shares of common stock on 11/24/2025 at an exercise price of $12.28 per share. After this transaction, the director beneficially owns 50,795 shares directly, plus 10,000 shares held by a spouse, 1,000 shares held by an IRA, and 1,000 shares held by the spouse’s IRA. The exercised options were part of a grant of stock options with an exercise price of $12.28 that vest at a rate of 20% per year starting on November 14, 2023 and expire on November 14, 2032, with 4,552 derivative securities remaining beneficially owned following the transaction.