Patriot National Bancorp grants RSUs to director
De Tomasi Mario reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
De Tomasi Mario reported acquisition or exercise transactions in this Form 4 filing.
Patriot National Bancorp Inc. director Mario De Tomasi received a grant of 88,496 Restricted Stock Units on July 29, 2026, each RSU tied to one share of common stock. The RSUs vest in three tranches of 29,498, 29,499 and 29,499 shares on July 1, 2027–2029. Following this award, De Tomasi directly holds 132,941 RSUs.
Insider Trade Summary
Grant/Award: 88,496 shares
Grant/Award
1 txn
Insider
De Tomasi Mario
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 88,496 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 132,941 contracts (Direct)
Footnotes (1)
- F1. On July 29, 2026, the Reporting Person was granted RSUs equal to 88,494 shares of Common Stock of the Issuer, which will vest over three years (29,498 shares, 29,499 shares, and 29,499 shares respectively as of July 1, 2027, 2028 and 2029).
Key Figures
RSU grant: 88,496 units
Post-grant RSU holdings: 132,941 units
First vesting tranche: 29,498 shares
+3 more
6 metrics
RSU grant
88,496 units
Restricted Stock Units awarded to director Mario De Tomasi on July 29, 2026
Post-grant RSU holdings
132,941 units
Total RSUs directly held by Mario De Tomasi after the reported grant
First vesting tranche
29,498 shares
Portion of RSUs scheduled to vest on July 1, 2027
Second vesting tranche
29,499 shares
Portion of RSUs scheduled to vest on July 1, 2028
Third vesting tranche
29,499 shares
Portion of RSUs scheduled to vest on July 1, 2029
Exercise price
$0.00 per RSU
Conversion or exercise price for the reported RSU grant
Key Terms
Restricted Stock Units, vesting, expiration date
3 terms
Restricted Stock Units financial
"security title "Restricted Stock Units" reported as a derivative equity award."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"RSUs "which will vest over three years" in specified annual share amounts."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"Award carries an "expiration date" of 2029-07-01 for the RSUs."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What RSU grant did Patriot National Bancorp (PNBK) award to Mario De Tomasi?
Patriot National Bancorp granted director Mario De Tomasi 88,496 Restricted Stock Units on July 29, 2026. Each RSU is linked to one share of common stock, providing equity-based compensation that increases his direct exposure to the company’s share performance over time.
How do the 88,496 Patriot National Bancorp (PNBK) RSUs vest?
The 88,496 RSUs vest over three years. Scheduled vesting is 29,498 shares on July 1, 2027, and 29,499 shares on each of July 1, 2028 and July 1, 2029, as described in the award’s vesting schedule for De Tomasi.
What are Mario De Tomasi's Patriot National Bancorp (PNBK) RSU holdings after this grant?
After the July 29, 2026 grant, Mario De Tomasi directly holds 132,941 Restricted Stock Units in Patriot National Bancorp. This total reflects the newly awarded 88,496 RSUs combined with his previously reported RSU holdings, as shown in the post-transaction balance.
Are the new Patriot National Bancorp (PNBK) RSUs granted under a Rule 10b5-1 plan?
The equity grant is not reported under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox is explicitly unchecked, and there is no footnote indicating that this RSU award was made pursuant to any pre-arranged trading arrangement.
When do Mario De Tomasi's Patriot National Bancorp (PNBK) RSUs convert and expire?
The award lists an exercise date of July 1, 2027 and an expiration date of July 1, 2029. These dates define when the RSUs first become exercisable into common stock and the final date by which the rights associated with this grant remain outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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