Pathfinder Bancorp (PBHC) director exercises stock options for more shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pathfinder Bancorp, Inc. director Melanie Littlejohn exercised stock options to acquire 8,787 shares of Common Stock at $11.35 per share and 7,913 shares at $13.4805 per share on May 4, 2026. Following these transactions, she holds 12,302 shares of Pathfinder Bancorp common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,787 shares exercised/converted
Mixed
3 txns
Insider
Littlejohn Melanie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 8,787 | $0.00 | -- |
| Exercise | Common Stock | 8,787 | $11.35 | $100K |
| Exercise | Common Stock | 7,913 | $13.4805 | $107K |
Holdings After Transaction:
Stock Options — 0 shares (Direct, null);
Common Stock — 12,302 shares (Direct, null)
Footnotes (1)
Key Figures
Option exercise shares: 8,787 shares
Second exercise shares: 7,913 shares
Exercise price: $11.35 per share
+2 more
5 metrics
Option exercise shares
8,787 shares
Common Stock acquired via option exercise on May 4, 2026
Second exercise shares
7,913 shares
Common Stock acquired via option exercise on May 4, 2026
Exercise price
$11.35 per share
Exercise price for 8,787-share option
Exercise price
$13.4805 per share
Exercise price for 7,913-share option
Post-transaction holdings
12,302 shares
Common Stock directly held after transactions
Key Terms
Common Stock, Stock Options, derivative security
3 terms
Common Stock financial
"security_title: "Common Stock" in multiple transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Stock Options financial
"security_title: "Stock Options" for derivative transaction"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider activity did PBHC director Melanie Littlejohn report?
Director Melanie Littlejohn reported exercising stock options to acquire Pathfinder Bancorp (PBHC) common shares. On May 4, 2026, she converted options into common stock through two derivative exercises, increasing her directly held ownership position in the company’s shares.
What exercise prices applied to Melanie Littlejohn’s PBHC stock option exercises?
Melanie Littlejohn exercised Pathfinder Bancorp (PBHC) stock options for 8,787 shares at $11.35 per share and 7,913 shares at $13.4805 per share. These prices represent the option exercise prices used to convert derivative securities into PBHC common stock on May 4, 2026.
Were Melanie Littlejohn’s PBHC transactions open-market buys or option exercises?
The Pathfinder Bancorp (PBHC) transactions were stock option exercises, not open-market purchases. They are coded as derivative security exercises, meaning she converted previously granted options into common shares rather than buying shares directly on the open market.