Pathfinder Bancorp (PBHC) SVP boosts stake via stock option exercises

Rhea-AI Filing Summary

Pathfinder Bancorp, Inc. Senior Vice President Ronald G. Tascarella exercised stock options into common stock. He converted options into 2,109 shares at $11.35 per share and 1,865 shares at $13.4174 per share. After these exercises, he directly held 16,771 common shares, plus indirect holdings through a 401(k) and an ESOP.

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

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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^*

Tascarella Ronald G.

(Last) (First) (Middle)

214 WEST FIRST STREET

(Street)

OSWEGO NY 13126

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Pathfinder Bancorp, Inc. [ PBHC ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		M		2,109	A	$11.35	18,636	D
Common Stock	02/27/2026		M		1,865	D	$13.4174	16,771	D
Common Stock								15,352	I	By 401(k)
Common Stock								4,384	I	By ESOP

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	$11.35	02/27/2026		M			2,109	05/06/2017	05/06/2026	Common Stock	2,109	$0	0	D
Stock Options	$9.76							09/11/2021	09/11/2030	Common Stock	3,000		3,000	D
Stock Options	$10.37							10/28/2021	10/28/2030	Common Stock	1,500		1,500	D

Explanation of Responses:

	/s/ James A. Dowd as POA for Ronald G. Tascarella	03/02/2026
	** 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 transaction did PBHC executive Ronald G. Tascarella report?

Ronald G. Tascarella reported exercising stock options into Pathfinder Bancorp common stock. He converted options into 2,109 shares at $11.35 and 1,865 shares at $13.4174, increasing his directly held share balance while retaining additional option holdings.

How many Pathfinder Bancorp (PBHC) shares does Tascarella hold directly after the Form 4?

After the reported transactions, Ronald G. Tascarella directly holds 16,771 Pathfinder Bancorp common shares. This figure reflects his position following the option exercises disclosed, separate from any indirect holdings in plans like a 401(k) or an employee stock ownership plan.

Were the PBHC Form 4 transactions open-market buys or option exercises?

The PBHC Form 4 shows option exercises, not open-market purchases. All coded transactions use code M, described as an exercise or conversion of derivative securities, turning stock options into common shares at specified exercise prices on the transaction date.

What indirect PBHC share holdings does Tascarella report in the Form 4?

Ronald G. Tascarella reports indirect ownership of 15,352 Pathfinder Bancorp common shares through a 401(k) plan and 4,384 shares through an employee stock ownership plan. These positions are in addition to his directly held common stock and remaining stock options.

How many Pathfinder Bancorp stock options remain after Tascarella’s exercises?

After exercising some options, Ronald G. Tascarella reports 3,000 and 1,500 Pathfinder Bancorp stock options in separate holdings. These option balances indicate additional potential future common stock, distinct from the shares already issued through the recent exercises.