Quaint Oak director reports 9,400 shares, options
Director Ray S. Greenberg discloses common stock and option holdings in Quaint Oak Bancorp, Inc. on his initial Form 3.
Rhea-AI Filing Summary
QUAINT OAK BANCORP, INC. (QNTO) director Ray S. Greenberg filed an initial ownership report showing his equity position in the company. He beneficially owns 9,400 shares of Common Stock directly, including 400 unvested shares granted under the 2023 Stock Incentive Plan, plus 1,200 shares held indirectly through an IRA. He also holds stock options to buy 4,000 shares at $13.30 expiring May 9, 2028, which are fully vested, and options to buy 5,000 shares at $18.00 expiring May 10, 2033 that vest 20% per year starting May 10, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Greenberg Ray S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) F2 | -- | -- | -- |
| holding | Stock Options (Right to Buy) F3 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 9,000 contracts (Direct);
Common Stock — 9,400 shares (Direct);
Common Stock — 1,200 shares (Indirect, By IRA)
Footnotes (3)
- F1. Includes 400 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 1,000 shares that commenced vesting ratably over five years at 20% per year on May 10, 2024.
- F2. The options vested at a rate of 20% per year commencing May 9, 2019 and were fully vested as of May 9, 2023.
- F3. The options are vesting at a rate of 20% per year commencing on May 10, 2024.
Key Figures
Direct Common Stock holdings: 9,400 shares
Indirect Common Stock holdings (IRA): 1,200 shares
Unvested 2023 Stock Incentive Plan shares: 400 shares
+4 more
7 metrics
Direct Common Stock holdings
9,400 shares
Shares of Quaint Oak Bancorp, Inc. Common Stock held directly by Ray S. Greenberg as of September 9, 2026
Indirect Common Stock holdings (IRA)
1,200 shares
Common Stock held indirectly by Ray S. Greenberg through an IRA as of September 9, 2026
Unvested 2023 Stock Incentive Plan shares
400 shares
Unvested portion of 1,000-share grant vesting 20% per year starting May 10, 2024
Stock options exercise price (2028 expiry)
$13.30 per share
Options to buy 4,000 shares expiring May 9, 2028, fully vested as of May 9, 2023
Underlying shares on 2028 options
4,000 shares
Common Stock underlying options at $13.30 exercise price expiring May 9, 2028
Stock options exercise price (2033 expiry)
$18.00 per share
Options to buy 5,000 shares expiring May 10, 2033, vesting 20% per year from May 10, 2024
Underlying shares on 2033 options
5,000 shares
Common Stock underlying options at $18.00 exercise price expiring May 10, 2033
Key Terms
Stock Options (Right to Buy), 2023 Stock Incentive Plan, vesting, IRA
4 terms
Stock Options (Right to Buy) financial
"Reports holdings of Stock Options (Right to Buy) on Quaint Oak Bancorp, Inc."
2023 Stock Incentive Plan financial
"Includes 400 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan"
vesting financial
"Grant amount originally covering 1,000 shares that commenced vesting ratably over five years"
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.
IRA financial
"Indirect ownership nature is described as By IRA for 1,200 shares"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity holdings in QNTO does director Ray S. Greenberg report on this Form 3?
He reports 9,400 shares of Common Stock held directly, including 400 unvested shares from a 2023 Stock Incentive Plan grant, plus 1,200 shares held indirectly through an IRA.
What stock options on QNTO does Ray S. Greenberg hold?
He holds options to buy 4,000 QNTO shares at $13.30 expiring May 9, 2028 and options to buy 5,000 shares at $18.00 expiring May 10, 2033.
Are all of Ray S. Greenberg’s QNTO stock options vested?
Options for 4,000 shares at $13.30 vested 20% per year starting May 9, 2019 and were fully vested by May 9, 2023. Options for 5,000 shares at $18.00 vest 20% per year starting May 10, 2024.
What indirect QNTO holdings does Ray S. Greenberg report?
He reports 1,200 shares of QNTO Common Stock held indirectly, with the nature of ownership described as By IRA.
AI-generated analysis. How Rhea-AI works. Not financial advice.
