Ponce Financial EVP trades shares after option exercises
Ponce Financial Group EVP & Chief Lending Officer Ioannis Kouzilos reported multiple stock option exercises and a subsequent share sale dated February 11, 2026.
Rhea-AI Filing Summary
Ponce Financial Group EVP & Chief Lending Officer Ioannis Kouzilos reported multiple stock option exercises and a subsequent share sale dated February 11, 2026. He exercised options into several blocks of Ponce Financial Group common stock at exercise prices between $10.33 and $13.31 per share.
After these exercises, he sold 10,929 shares of common stock at a price of $16.81 per share, leaving him with 37,077 common shares held directly. The filing also notes unvested restricted stock units totaling 9,000 shares scheduled to vest in stages through 2030, and remaining stock options that vest between 2026 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
18 txns
Insider
Kouzilos Ioannis
Role
EVP & Chief Lending Officer
Sold
10,929 shs ($184K)
Approx. gross sale proceeds
$184K
Approx. exercise cost
$126K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Premium Stock Options | 2,000 | $10.33 | $21K |
| Exercise | Premium Stock Options | 2,000 | $10.52 | $21K |
| Exercise | Stock Options | 2,929 | $10.44 | $31K |
| Exercise | Non-Premium Stock Options | 4,000 | $13.31 | $53K |
| Exercise | Common Stock | 2,929 | $10.44 | $31K |
| Exercise | Common Stock | 4,000 | $13.31 | $53K |
| Exercise | Common Stock | 2,000 | $10.33 | $21K |
| Exercise | Common Stock | 2,000 | $10.52 | $21K |
| Sale | Comnmon Stock | 10,929 | $16.81 | $184K |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Non-Premium Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
| holding | Premim Stock Options | -- | -- | -- |
| holding | Premium Stock Options | -- | -- | -- |
Holdings After Transaction:
Premium Stock Options — 12,000 contracts (Direct);
Stock Options — 1,954 contracts (Direct);
Non-Premium Stock Options — 23,500 contracts for 7,500 underlying shares (Direct);
Common Stock — 48,006 shares (Direct);
Comnmon Stock — 37,077 shares (Direct);
Premim Stock Options — 1,500 contracts (Direct)
Footnotes (6)
- F1. Includes 5,000 shares of previously awarded restricted stock units, of which 1,666 shares vest on December 7, 2026, 1,667 shares vest on December 7, 2027 and 1,667 shares vest on December 7, 2028.
- F2. Includes 4,000 shares of previously awarded restricted stock units that vest in four equal installments on February 4, 2027, 2028, 2029 and 2030.
- F3. This Form 4 reflects ESOP dispositions that have occurred since the date of the reporting person's last ownership report. As of the date of this report, all such shares have been disposed of in connection with a diversification election.
- F4. The remaining options will vest in two equal installments on April 1. 2026 and 2027. Total remaining reflects a correction to the previously filed Form 4, which reported 4,833 options outstanding. The correct total was 4,883, of which 1,954 remain unexercised.
- F5. Remaining non-premium stock options vest in equal installment on February 2, 2027, 2028, 2029 and 2030
- F6. Stock options vest annually at a rate of 20% commencing on January 22, 2027
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did PDLB executive Ioannis Kouzilos report on February 11, 2026?
Ioannis Kouzilos reported exercising multiple stock options into Ponce Financial Group common shares, then selling 10,929 shares at $16.81. Following these transactions, he directly held 37,077 common shares, plus unvested restricted stock units and additional stock options scheduled to vest over future years.
What stock options did the PDLB EVP exercise in this Form 4 filing?
He exercised several option grants into common stock, including 2,929 shares at $10.44, 4,000 shares at $13.31, and additional tranches at $10.33 and $10.52. These were reported as option exercises coded “M,” meaning conversion of derivative securities into common shares.
What future vesting restricted stock units does the PDLB EVP hold?
He holds 5,000 restricted stock units vesting 1,666 or 1,667 shares annually from December 7, 2026 through 2028, plus 4,000 units vesting in four equal installments on February 4, 2027, 2028, 2029 and 2030, as described in the filing’s explanatory footnotes.
What does the Form 4 say about remaining PDLB stock options for Ioannis Kouzilos?
The filing notes remaining options that will vest in installments through 2026 and 2027, and other non-premium and premium options vesting annually from 2027 to 2031. These options cover various share amounts and strike prices and remain unexercised as of the report date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
