Welcome to our dedicated page for PATRIOT NATIONAL BANCORP SEC filings (Ticker: PNBK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Patriot National Bancorp filings document the regulatory disclosures of a Connecticut bank holding company and its wholly owned banking subsidiary, Patriot Bank, N.A. The record includes current reports on Regulation FD presentations, material agreements, director indemnification arrangements, board appointments and departures, officer changes, capital actions and debt-related matters.
Proxy filings describe annual meeting proposals, director elections, auditor ratification and capital-structure voting matters. Other disclosures address common stock, preferred stock, senior notes, completed note repayment and conversion activity, governance procedures, executive compensation arrangements, and shareholder voting mechanics tied to the company’s public-company and bank holding company status.
PATRIOT NATIONAL BANCORP INC President and CEO Steven Sugarman reported routine equity compensation activity involving restricted stock units and related tax withholding. On July 1, 2026, 552,927 restricted stock units vested and settled into shares of Voting Common Stock, with no cash paid by him for the settlement.
Upon settlement, 303,861 shares of Common Stock were withheld by the company at $1.20 per share to satisfy his tax withholding obligations; these withheld shares were not delivered to him and do not represent an open-market sale. Following these transactions, he holds Voting Common Stock both directly and indirectly, including shares held through the Steven and Ainslie Sugarman Living Trust, a revocable living trust for his and his spouse’s benefit.
Patriot National Bancorp director Mario De Tomasi exercised a tranche of equity awards as part of his compensation. On July 1, 2026, 22,222 Restricted Stock Units vested and were settled in an equal number of Common Stock shares, with no cash consideration paid by him.
These RSUs are the first installment of a 66,667-share grant awarded on July 1, 2025 that vests over three years. After the transaction, he directly holds 209,941 shares of Common Stock and 44,445 RSUs, reflecting a routine shift from deferred to outright share ownership.
Patriot National Bancorp director Jonathan Paul Roth reported the vesting and settlement of 12,575 Restricted Stock Units into Common Stock. These RSUs were part of a 37,727-share grant awarded on November 19, 2025, and vested on July 1, 2026, with no cash paid by Roth.
Following the transaction, Roth directly holds 13,825 shares of Common Stock and 25,152 remaining RSUs scheduled to vest in 2027 and 2028. The filing reflects a compensation-related derivative exercise and conversion, with no open-market share purchases or sales.
Seabold Jeffrey T reported acquisition or exercise transactions in this Form 4 filing.
PATRIOT NATIONAL BANCORP INC director Jeffrey T. Seabold increased his equity stake through RSU vesting. On July 1, 2026, 133,333 Restricted Stock Units vested and were settled in shares of Common Stock at no cost to him. Following this transaction, he directly holds 133,583 Common shares. The vested RSUs were the first installment of a 400,000-unit award granted on July 1, 2025, which is scheduled to vest in three annual tranches of 133,333, 133,333 and 133,334 units on July 1, 2026, 2027 and 2028, leaving 266,667 RSUs unvested after this event.
PATRIOT NATIONAL BANCORP INC director Edward N. Constantino acquired 22,222 shares through RSU vesting. On July 1, 2026, the first tranche of 22,222 Restricted Stock Units granted on July 1, 2025 vested and settled into Common Stock at no cost to him, raising his direct holdings to 42,542 shares. The original award covered 66,667 RSUs scheduled to vest in three annual installments of 22,222, 22,222 and 22,223 shares as of July 1, 2026, 2027 and 2028, leaving 44,445 RSUs reported as remaining. He also reports 1,000 Common Shares held indirectly through a SEP IRA.
Patriot National Bancorp director Anahit Magzanyan increased her equity stake through RSU vesting. On July 1, 2026, 22,222 Restricted Stock Units granted on July 1, 2025 vested and converted into an equal number of Common Stock shares, with no cash paid by her.
After the transaction, she directly owns 26,512 shares of Common Stock and 44,445 RSUs that are scheduled to vest in two further installments on July 1, 2027 and July 1, 2028. This filing reflects routine equity compensation rather than an open‑market purchase or sale.
Patriot National Bancorp, parent of Patriot Bank, announced that the Office of the Comptroller of the Currency terminated Patriot Bank’s Formal Agreement effective June 30, 2026. Regulators stated the bank’s safety, soundness, and compliance no longer require the agreement.
Management expects this improved regulatory status to cut more than $5 million of past remediation-type expenses, reduce ongoing regulatory and FDIC fees, and improve access to wholesale funding and the Federal Reserve’s primary credit window. The bank plans greater flexibility using reciprocal and brokered deposits.
Patriot grew total assets from $1.1 billion to $1.3 billion in the first half of 2026, while new loan originations exceeded $40 million per month at roughly 7% yields. The Beverly Hills office already serves over $100 million of deposits, and institutional banking deposits grew more than 25% in the period.
The bank has off-boarded certain legacy clients and offered pricing incentives that have reduced near-term profitability and non-interest income, but management views this as building a more durable, lower-risk model. The board decided against a reverse stock split, instead targeting asset growth to $2 billion, estimating that $700 million of additional assets could add over $1 million in monthly net income.
Sugarman Steven reported acquisition or exercise transactions in this Form 4 filing.
PATRIOT NATIONAL BANCORP INC reported that President and CEO Steven Sugarman received new equity compensation in the form of Restricted Stock Units. On May 20, 2026 he was granted 575 RSUs as a quarterly award for Q4 2025 and 104,452 RSUs as a quarterly award for Q1 2026 under his employment agreement.
The May 2026 RSU grants vest in twelve equal monthly installments from May 20, 2026 through May 20, 2027. They are subject to a one-year restricted period ending May 20, 2027, with settlement occurring on the date the restricted period expires.
PATRIOT NATIONAL BANCORP INC — joint beneficial ownership filing. The filing reports that the group led by Alon Abady beneficially owns 19,700,000 shares of Common Stock, equal to 9.99% of the class. Applicable percentage is based on 117,085,713 shares outstanding as of April 7, 2026. The filing is a joint statement covering four reporting persons (the Individual, Moniqua 30 LLC, Horizon Trust FBO Alon Abady IRA, and the Abady Family Trust) and discloses holdings and voting/dispositive powers, including 11,100,000 warrants held by the Abady Family Trust that may convert into non-voting common stock subject to specified "Non-Control Conditions."
Patriot National Bancorp director Mario De Tomasi bought additional shares of the company’s common stock in an open-market transaction. On May 27, 2026, he purchased 85,000 shares at an average price of $0.96 per share. Following this purchase, he directly holds 187,719 common shares.