Jacobs Asset Management exits PB Bankshares stake

Jacobs Asset Management, LLC and related reporting persons report that they now beneficially own 0 shares (0%) of PB BANKSHARES INC common stock.

Accepted by SEC EDGAR 02/17/2026 - 10:00 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Schedule 13G/A filing for PBBK disclose about ownership?

The filing shows Jacobs Asset Management, Partners LP, Managers LLC, and Sy Jacobs now report beneficial ownership of 0 shares (0%) of PB Bankshares common stock, indicating they are below the 5% reporting threshold.

Who are the reporting persons in the PB Bankshares (PBBK) Schedule 13G/A?

The reporting persons are Jacobs Asset Management, LLC, Partners, LP, Managers, LLC, and Sy Jacobs. Each reports 0 shares beneficially owned and 0% of PB Bankshares’ common stock outstanding.

What percentage of PB Bankshares (PBBK) stock do the Jacobs-related entities now own?

They report owning 0% of PB Bankshares common stock. The amendment lists 0 shares beneficially owned, with no sole or shared voting or dispositive power for any of the reporting persons named.

What class of securities is covered in this PB Bankshares (PBBK) Schedule 13G/A?

The filing covers PB Bankshares’ common stock, with a par value of $0.01 per share, identified by CUSIP 69318V103. All reported beneficial ownership figures for this class are shown as zero.

When did the ownership change triggering this PBBK Schedule 13G/A occur?

The date of the event requiring the statement is listed as January 6, 2026. As of that date, the reporting persons indicate 0 shares and 0% beneficial ownership of PB Bankshares common stock.

Do the Jacobs-related filers seek to influence control of PB Bankshares (PBBK)?

The certification states the securities referenced were not acquired and are not held for the purpose of changing or influencing control of PB Bankshares, and are not part of any transaction intended to have that effect.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

PB BANKSHARES INC

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

69318V103

(CUSIP Number)

01/06/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 69318V103

1

Names of Reporting Persons

JACOBS ASSET MANAGEMENT, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 69318V103

1

Names of Reporting Persons

JAM Partners, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 69318V103

1

Names of Reporting Persons

JAM Managers, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 69318V103

1

Names of Reporting Persons

Sy Jacobs

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PB BANKSHARES INC
(b)	Address of issuer's principal executive offices: 185 East Lincoln Highway, Coatesville, PENNSYLVANIA 19320
Item 2.
(a)	Name of person filing: JACOBS ASSET MANAGEMENT, LLC JAM Partners, LP JAM Managers, LLC Sy Jacobs
(b)	Address or principal business office or, if none, residence: 192 Lexington Avenue Suite 901 NEW YORK, New York 10016
(c)	Citizenship: JACOBS ASSET MANAGEMENT, LLC - DELAWARE JAM Partners, LP - DELAWARE JAM Managers, LLC - DELAWARE Sy Jacobs - NEW YORK
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 69318V103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: JACOBS ASSET MANAGEMENT, LLC - 0 JAM Partners, LP - 0 JAM Managers, LLC - 0 Sy Jacobs - 0
	(ii) Shared power to vote or to direct the vote: JACOBS ASSET MANAGEMENT, LLC - 0 JAM Partners, LP - 0 JAM Managers, LLC - 0 Sy Jacobs - 0
	(iii) Sole power to dispose or to direct the disposition of: JACOBS ASSET MANAGEMENT, LLC - 0 JAM Partners, LP - 0 JAM Managers, LLC - 0 Sy Jacobs - 0
	(iv) Shared power to dispose or to direct the disposition of: JACOBS ASSET MANAGEMENT, LLC - 0 JAM Partners, LP - 0 JAM Managers, LLC - 0 Sy Jacobs - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JACOBS ASSET MANAGEMENT, LLC

Signature:	Sy Jacobs
Name/Title:	Sy Jacobs/ Managing Member
Date:	02/17/2026

JAM Partners, LP

Signature:	Sy Jacobs
Name/Title:	Sy Jacobs/ Managing Member
Date:	02/17/2026

JAM Managers, LLC

Signature:	Sy Jacobs
Name/Title:	Sy Jacobs/ Managing Member
Date:	02/17/2026

Sy Jacobs

Signature:	Sy Jacobs
Name/Title:	Sy Jacobs/ Managing Member
Date:	02/17/2026