Director Anahit Magzanyan adds PNBK (PNBK) shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATRIOT NATIONAL BANCORP INC director Anahit Magzanyan increased her direct stake through a series of open-market purchases of common stock. On March 3, 2026, she bought 400 shares at an average price of $1.32 per share, bringing her direct holdings to 4,290 shares.
Earlier purchases disclosed in this filing include 375 shares at $1.44 per share on July 17, 2025, 175 shares at $1.55 per share on July 24, 2025, and 500 shares at $1.59 per share on August 19, 2025, all executed on the open market.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Net Buy
4 txns
Insider
Magzanyan Anahit
Role
null
Bought
1,450 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 400 | $0.00 | -- |
| Purchase | Common Stock | 500 | $0.00 | -- |
| Purchase | Common Stock | 175 | $0.00 | -- |
| Purchase | Common Stock | 375 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,290 shares (Direct, null)
Footnotes (1)
- On July 17, 2025, the Reporting Person purchased 375 shares of the Issuer's common stock on the open market at an average price of $1.44 per share. On July 24, 2025, the Reporting Person purchased 175 shares of the Issuer's common stock on the open market at an average price of $1.55 per share. On August 19, 2025, the Reporting Person purchased 500 shares of the Issuer's common stock on the open market at an average price of $1.59 per share. On March 3, 2026, the Reporting Person purchased 400 shares of the Issuer's common stock on the open market at an average price of $1.32 per share.
Key Figures
Latest purchase size: 400 shares
Latest purchase price: $1.32 per share
Total shares bought: 1,450 shares
+3 more
6 metrics
Latest purchase size
400 shares
Common Stock bought on March 3, 2026
Latest purchase price
$1.32 per share
Average price on March 3, 2026 open-market buy
Total shares bought
1,450 shares
Net open-market purchases across four transactions
Holdings after latest trade
4,290 shares
Total direct common stock held after March 3, 2026
July 17, 2025 price
$1.44 per share
Average price for 375-share open-market purchase
August 19, 2025 price
$1.59 per share
Average price for 500-share open-market purchase
Key Terms
open market, average price, Common Stock, Form 4
4 terms
open market financial
"purchased 375 shares of the Issuer's common stock on the open market at an average price"
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.
average price financial
"on the open market at an average price of $1.44 per share"
Common Stock financial
"purchased 400 shares of the Issuer's common stock on the open market"
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.
Form 4 regulatory
"This Form 4 shows multiple open-market purchases of common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Patriot National Bancorp (PNBK) disclose for Anahit Magzanyan?
Patriot National Bancorp reported that director Anahit Magzanyan made several open-market purchases of common stock. The most recent was on March 3, 2026, when she bought 400 shares at an average price of $1.32 per share.
What is Anahit Magzanyan’s direct Patriot National Bancorp (PNBK) holding after the latest transaction?
Following the March 3, 2026 purchase, Anahit Magzanyan directly owns 4,290 shares of Patriot National Bancorp common stock. This figure comes from the total shares following transaction field associated with the latest open-market purchase.
Were the Patriot National Bancorp (PNBK) insider transactions open-market purchases or something else?
Each transaction in the Form 4 is labeled as an open-market purchase of common stock, with transaction code P. The footnotes confirm that all trades were executed on the open market at specified average prices per share.