Patriot National EVP exercises 150K RSUs

Patriot National Bancorp EVP & Chief Risk Officer Angie Miranda reported compensation-related share activity.

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Form Type

Rhea-AI Filing Summary

Patriot National Bancorp EVP & Chief Risk Officer Angie Miranda reported compensation-related share activity. On April 30, 2026, 150,000 Restricted Stock Units vested and were settled in shares of Common Stock under a prior 450,000-share RSU award that vests in three equal annual installments.

To cover tax withholding on this vesting, 56,718 shares of Common Stock were withheld by the company at $1.23 per share, based on the closing price that day, and were not delivered to her. After these transactions, Miranda holds 93,282 shares of Common Stock directly. The filing reflects an option/RSU exercise paired with share withholding for taxes, not an open-market purchase or sale.

Insider Trade Summary

150,000 shares exercised/converted

Exercise 3 txns

Insider Miranda Angie

Role EVP & Chief Risk Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	150,000	$0.00	$0.00
Exercise	Common Stock	150,000	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	56,718	$1.23	$70K

Holdings After Transaction: Restricted Stock Units — 300,000 contracts (Direct); Common Stock — 93,282 shares (Direct)

Footnotes (2)

F1. On August 7, 2025, pursuant to an award agreement effective as of April 30, 2025, the Reporting Person was granted Restricted Stock Units ("RSUs") equal to 450,000 shares of Common Stock, which will vest in three equal installments on each of the first three anniversaries of the award date. On April 30, 2026, the first installment of 150,000 RSUs vested and settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement.
F2. Represents 56,718 shares of Common Stock withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations. The shares were withheld at a price of $1.23 per share, representing the closing price of the Issuer's Common Stock on April 30, 2026. The withheld shares were not delivered to the Reporting Person.

Key Figures

RSUs vested: 150,000 units Tax withholding shares: 56,718 shares Withholding price: $1.23 per share +2 more

5 metrics

RSUs vested 150,000 units First installment vesting on April 30, 2026

Tax withholding shares 56,718 shares Shares withheld to cover taxes on April 30, 2026

Withholding price $1.23 per share Closing price of Common Stock on April 30, 2026

Post-transaction holdings 93,282 shares Common Stock held directly after April 30, 2026 transactions

Total RSU award 450,000 units Award effective April 30, 2025, vesting over three years

Key Terms

Restricted Stock Units, tax withholding obligations, closing price, Form 4

4 terms

Restricted Stock Units financial

"the Reporting Person was granted Restricted Stock Units ("RSUs") equal to 450,000 shares"

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.

tax withholding obligations financial

"withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations"

closing price financial

"at a price of $1.23 per share, representing the closing price of the Issuer's Common Stock"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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

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

What insider transaction did PNBK executive Angie Miranda report?

Angie Miranda reported RSU vesting and related tax withholding, not an open-market trade. 150,000 Restricted Stock Units converted into Common Stock, and the company withheld 56,718 shares to satisfy tax obligations, leaving her with 93,282 shares held directly.

How many Patriot National Bancorp (PNBK) RSUs vested for Angie Miranda?

150,000 Restricted Stock Units vested for Angie Miranda on April 30, 2026. These units are the first of three equal installments from a 450,000-share RSU award that vests annually on the first three anniversaries of the April 30, 2025 award date.

Why were 56,718 PNBK shares withheld from Angie Miranda?

56,718 shares of Patriot National Bancorp Common Stock were withheld to cover Angie Miranda’s tax withholding obligations on the RSU vesting. The shares were valued at $1.23 each, matching the April 30, 2026 closing price, and were not delivered to her.

How many PNBK shares does Angie Miranda own after these transactions?

Following the April 30, 2026 RSU vesting and tax withholding, Angie Miranda holds 93,282 shares of Patriot National Bancorp Common Stock directly. This figure reflects her equity position after 56,718 shares were withheld by the company to satisfy tax obligations.

Is Angie Miranda’s Form 4 for PNBK a market buy or sell?

The Form 4 reflects compensation-related equity activity rather than a market buy or sell. It shows RSUs converting into Common Stock and shares withheld for taxes, with no open-market purchases or sales reported by Patriot National Bancorp’s EVP & Chief Risk Officer.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/04/2026 - 03:52 PM

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^*

Miranda Angie

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		M⁽¹⁾		150,000	A	$0⁽¹⁾	150,000	D
Common Stock	04/30/2026		F⁽²⁾		56,718	D	$1.23⁽²⁾	93,282	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0	04/30/2026		M⁽¹⁾		150,000		04/30/2026	04/30/2026	Common Stock	150,000	$0	300,000	D

Explanation of Responses:

1. On August 7, 2025, pursuant to an award agreement effective as of April 30, 2025, the Reporting Person was granted Restricted Stock Units ("RSUs") equal to 450,000 shares of Common Stock, which will vest in three equal installments on each of the first three anniversaries of the award date. On April 30, 2026, the first installment of 150,000 RSUs vested and settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement.

2. Represents 56,718 shares of Common Stock withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations. The shares were withheld at a price of $1.23 per share, representing the closing price of the Issuer's Common Stock on April 30, 2026. The withheld shares were not delivered to the Reporting Person.

	/s/ Angie Miranda	05/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR

Patriot National EVP exercises 150K RSUs

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