Patriot National Bancorp director reports option holdings
PATRIOT NATIONAL BANCORP INC director Jeffrey T. Seabold is reporting his existing equity holdings in the company.
Rhea-AI Filing Summary
PATRIOT NATIONAL BANCORP INC director Jeffrey T. Seabold is reporting his existing equity holdings in the company. He holds options to purchase 400,000 shares of common stock at an exercise price of $1.40 per share, expiring on June 26, 2026.
These options were granted on June 26, 2025, vested in full on that date, and were fully exercisable before he became subject to Section 16(a) reporting on November 19, 2025. He also directly holds 250 shares of common stock, which were purchased in the open market prior to that reporting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Seabold Jeffrey T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Options (Right to Buy) — 400,000 contracts (Direct);
Common Stock — 250 shares (Direct)
Footnotes (2)
- F1. The Reporting Person purchased from the open market prior to November 19, 2025, the date of the event requiring filing of this statement.
- F2. On June 26, 2025, the Issuer granted to the Reporting Person options to purchase 400,000 shares of the Issuer's common stock. The options vested in full on June 26, 2025 and were fully exercisable as of that date. The options were granted and became exercisable prior to the date on which the Reporting Person first became subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934 (November 19, 2025).
Key Figures
Option underlying shares: 400,000 shares
Option exercise price: $1.40 per share
Option expiration date: June 26, 2026
+1 more
4 metrics
Option underlying shares
400,000 shares
Options to purchase common stock granted June 26, 2025
Option exercise price
$1.40 per share
Exercise price for options on 400,000 common shares
Option expiration date
June 26, 2026
Expiration of options on 400,000 common shares
Direct common shares held
250 shares
Common stock purchased in open market before Nov. 19, 2025
Key Terms
Section 16(a) of the Securities Exchange Act of 1934, options to purchase 400,000 shares, vested in full, open market
4 terms
Section 16(a) of the Securities Exchange Act of 1934 regulatory
"first became subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934"
vested in full financial
"The options vested in full on June 26, 2025 and were fully exercisable as of that date"
open market financial
"The Reporting Person purchased from the open market prior to November 19, 2025"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity holdings does Jeffrey T. Seabold report in PNBK?
Jeffrey T. Seabold reports options and common shares in PNBK. He holds options over 400,000 common shares at a $1.40 exercise price, expiring June 26, 2026, plus 250 common shares purchased in the open market before he became a reporting insider.
What are the key terms of Jeffrey Seabold’s stock options in PNBK?
Seabold’s options cover 400,000 PNBK common shares at $1.40. They were granted and fully vested on June 26, 2025, are fully exercisable, and expire on June 26, 2026, reflecting a sizeable potential equity position if exercised.
When did Jeffrey Seabold become subject to Section 16 reporting at PNBK?
Jeffrey Seabold became subject to Section 16(a) reporting on November 19, 2025. His options were granted and became exercisable before that date, and his 250 common shares were purchased in the open market prior to this reporting requirement taking effect.
Are Jeffrey Seabold’s reported PNBK options already vested and exercisable?
Yes, Seabold’s PNBK options are fully vested and exercisable. The company granted these options on June 26, 2025, and they vested in full on that same date, giving him the right to buy 400,000 shares at $1.40 each until June 26, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
