Pioneer Bancorp (PBFS) officer acquires restricted shares and options

Rhea-AI Filing Summary

Pioneer Bancorp, Inc. reported that an executive serving as EVP - Chief Credit Officer acquired additional equity on December 11, 2025. The filing shows the officer acquired 20,000 shares of common stock, described as restricted stock, at a price of $0, bringing direct beneficial ownership of common stock to 20,000 shares.

The officer also acquired stock options on 40,000 shares of common stock with an exercise price of $14.46 per share. These options become exercisable on December 11, 2026 and expire on December 11, 2035. Both the 20,000 restricted shares and the 40,000 stock options vest at a rate of 20% per year, commencing on December 11, 2026, indicating a long-term, time-based equity incentive structure.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Ratsep Thomas E.

Role EVP - Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	0	$0.00	--
Grant/Award	Common Stock	20,000	$0.00	--

Holdings After Transaction: Stock Options — 40,000 shares (Direct); Common Stock — 20,000 shares (Direct)

Footnotes (1)

1. Shares of restricted stock vest at a rate of 20% per year commencing on December 11, 2026. Stock option vest at a rate of 20% per year commencing on December 11, 2026.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ratsep Thomas E.

(Last) (First) (Middle)

652 ALBANY SHAKER ROAD

(Street)

ALBANY NY 12211

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Pioneer Bancorp, Inc./MD [ PBFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Credit Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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	12/11/2025		A		20,000(1)	A	$0	20,000	D

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	$14.46	12/11/2025		A		$40,000		12/11/2026	12/11/2035	Common Stock	40,000(2)	$0	40,000(2)	D

Explanation of Responses:

1. Shares of restricted stock vest at a rate of 20% per year commencing on December 11, 2026.

2. Stock option vest at a rate of 20% per year commencing on December 11, 2026.

	/s/ Benjamin M. Azoff, pursuant to power of attorney	12/15/2025
	** 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 equity transactions were reported for Pioneer Bancorp (PBFS)?

The report shows an executive acquired 20,000 shares of common stock as restricted stock at $0 and stock options on 40,000 shares with an exercise price of $14.46 on December 11, 2025.

Who is the reporting person related to the Pioneer Bancorp (PBFS) insider transaction?

The filing identifies the reporting person’s relationship to Pioneer Bancorp, Inc. as an officer, specifically EVP - Chief Credit Officer, and indicates the form is filed by one reporting person.

How many Pioneer Bancorp (PBFS) shares does the executive beneficially own after the transaction?

Following the reported transaction, the executive beneficially owns 20,000 shares of common stock directly and 40,000 stock options linked to common shares.

What are the vesting terms of the restricted stock for the Pioneer Bancorp (PBFS) officer?

The 20,000 shares of restricted stock vest at a rate of 20% per year, beginning on December 11, 2026, according to the explanation of responses.

What are the vesting and expiration dates of the Pioneer Bancorp (PBFS) stock options?

The 40,000 stock options vest at 20% per year starting on December 11, 2026. They become exercisable on December 11, 2026 and expire on December 11, 2035.

Are the Pioneer Bancorp (PBFS) insider holdings reported as directly owned?

Yes. The filing lists both the 20,000 common shares and the 40,000 stock options as direct (D) beneficial ownership.