Patriot National Bancorp director awarded RSUs

PATRIOT NATIONAL BANCORP INC director Anahit Magzanyan received a grant of 88,496 Restricted Stock Units tied to the issuer’s common stock.

Rhea-AI Filing Summary

PATRIOT NATIONAL BANCORP INC director Anahit Magzanyan received a grant of 88,496 Restricted Stock Units tied to the issuer’s common stock. The RSUs vest in tranches of 29,498, 29,499 and 29,499 shares on July 1, 2027, 2028 and 2029, carry a $0.0000 exercise price, expire July 1, 2029, and increase her direct RSU holdings to 132,941.

Insider Trade Summary

Grant/Award: 88,496 shares

Grant/Award 1 txn

Insider Magzanyan Anahit

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)

1. F1. On July 29, 2026, the Reporting Person was granted RSUs equal to 88,496 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

RSUs granted: 88,496 units RSU holdings after grant: 132,941 units First vesting tranche: 29,498 shares +4 more

7 metrics

RSUs granted 88,496 units Restricted Stock Units granted to director Anahit Magzanyan on July 29, 2026

RSU holdings after grant 132,941 units Total Restricted Stock Units directly held after the reported award

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/Conversion price 0.0000 Stated per-share exercise or conversion price for the RSU award

RSU expiration date 2029-07-01 Expiration date disclosed for the Restricted Stock Units

Key Terms

Restricted Stock Units, vesting, underlying security, exercise price

4 terms

Restricted Stock Units financial

"the Reporting Person was granted RSUs equal to 88,496 shares of Common Stock"

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

"which will vest over three years (29,498 shares, 29,499 shares, and 29,499 shares"

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.

underlying security financial

"underlying_security_title: "Common Stock" and underlying_security_shares: "88496.0000""

exercise price financial

"conversion_or_exercise_price: "0.0000" for the RSU derivative award"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Patriot National Bancorp (PNBK) report about Anahit Magzanyan’s new equity award?

Patriot National Bancorp reported that director Anahit Magzanyan received 88,496 Restricted Stock Units linked to common stock. The RSUs were granted on July 29, 2026 as equity compensation and increase her directly held RSU balance to 132,941 units after the award.

How will the 88,496 RSUs granted to Anahit Magzanyan at PNBK vest over time?

The 88,496 RSUs will vest over three years in specified installments. Vesting occurs in tranches of 29,498, 29,499 and 29,499 shares, respectively, on July 1, 2027, July 1, 2028 and July 1, 2029, subject to the award’s terms.

What are the exercise price and expiration date of Magzanyan’s Patriot National Bancorp RSUs?

The RSU award carries a stated exercise or conversion price of $0.0000 per share. According to the disclosure, the RSUs have an exercise date of July 1, 2027 and an expiration date of July 1, 2029, aligning with the final vesting year.

How many restricted stock units does Anahit Magzanyan now hold at Patriot National Bancorp (PNBK)?

Following the reported grant, Anahit Magzanyan’s directly held RSU position is 132,941 units. This total includes the new award of 88,496 Restricted Stock Units, as reflected in the post-transaction holdings figure disclosed in the insider ownership table.

Was Anahit Magzanyan’s RSU grant at Patriot National Bancorp made under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming that the transaction was executed under a Rule 10b5-1 trading plan. The grant is reported as an equity award, without additional footnote language describing any pre-arranged trading plan.

What underlying security is associated with Magzanyan’s new RSUs at PNBK?

Each of the 88,496 Restricted Stock Units is tied to an equal number of shares of Patriot National Bancorp’s Common Stock. The filing identifies common stock as the underlying security for this RSU award, matching the full granted unit count.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/31/2026 - 01:00 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Magzanyan Anahit

(Last) (First) (Middle)

C/O PATRIOT NATIONAL BANCORP, INC.

900 BEDFORD STREET

(Street)

STAMFORD CONNECTICUT 06901

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PATRIOT NATIONAL BANCORP INC [ PNBK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Restricted Stock Units	$0	07/29/2026		A(1)		88,496		07/01/2027	07/01/2029	Common Stock	88,496	$0	132,941	D

Explanation of Responses:

1. On July 29, 2026, the Reporting Person was granted RSUs equal to 88,496 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).

	/s/ Anahit Magzanyan	07/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)