Pathfinder Bancorp (PBHC) SVP adds 2,636 shares through option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pathfinder Bancorp, Inc. Senior Vice President Robert G. Butkowski Jr. exercised stock options for 2,636 shares of common stock on February 3, 2026 at an exercise price of $11.35 per share. The option exercise is reported with transaction code “M,” which typically indicates a conversion of derivative securities into common stock.
After this transaction, he directly held 19,436 shares of Pathfinder Bancorp common stock and had 1,500 stock options directly outstanding. He also reported indirect ownership of common stock through a 401(k) plan (14,291 shares), an IRA (6,500 shares), and an ESOP (6,337 shares).
Positive
- None.
Negative
- None.
Insider Trade Summary
2,636 shares exercised/converted
Mixed
6 txns
Insider
Butkowski Robert G. Jr.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 2,636 | $0.00 | -- |
| Exercise | Common Stock | 2,636 | $11.35 | $30K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 0 shares (Direct);
Common Stock — 19,436 shares (Direct);
Common Stock — 14,291 shares (Indirect, By 401K)
Footnotes (1)
FAQ
What insider transaction did PBHC’s Senior Vice President report on February 3, 2026?
The Senior Vice President exercised stock options for 2,636 shares of Pathfinder Bancorp common stock on February 3, 2026 at an exercise price of $11.35 per share, converting derivative securities into directly held common shares under transaction code “M.”
What stock option positions does the Pathfinder Bancorp (PBHC) insider report?
The insider exercised stock options for 2,636 shares at $11.35, fully using that grant and reporting zero options remaining from it. He also reports 1,500 remaining stock options, linked to common stock, with an expiration date of October 28, 2030.
What indirect Pathfinder Bancorp (PBHC) holdings does the insider disclose?
The insider reports indirect ownership of Pathfinder Bancorp common stock through several plans: 14,291 shares via a 401(k), 6,500 shares via an IRA, and 6,337 shares via an ESOP. These accounts are listed as indirect holdings separate from his directly owned shares.
Who is the reporting person in this Pathfinder Bancorp (PBHC) Form 4 filing?
The reporting person is Robert G. Butkowski Jr., a Senior Vice President of Pathfinder Bancorp, Inc. He is identified as an officer of the company, not a director or 10% owner, and filed this Form 4 as a single reporting person.
What does transaction code “M” mean in this PBHC Form 4?
Transaction code “M” on Form 4 indicates an exercise or conversion of derivative securities, such as stock options, into common stock. In this case, it shows the Senior Vice President converting 2,636 stock options into 2,636 shares of Pathfinder Bancorp common stock.