SNNF President & CEO reports 5,000-share restricted stock grant
Rhea-AI Filing Summary
Seneca Bancorp, Inc. (SNNF) reported an insider equity award for its President and CEO, who is also a director. On 11/21/2025, the executive acquired 5,000 shares of common stock at a price of $0, indicating a stock grant rather than an open-market purchase. Following this transaction, the executive directly holds 10,544 shares of common stock, with additional indirect holdings of 1,673 shares through an ESOP, 13,444 shares through an IRA, and 8,101 shares through a 401(k).
The filing notes that these 5,000 shares are restricted stock that will vest in installments of 20% per year, starting on November 21, 2026. The executive also holds several stock option awards on Seneca Bancorp common stock, including options for 4,842 shares at $9.50 expiring on August 16, 2029, 1,695 shares at $6.73 expiring on May 19, 2030, and 4,842 shares at $10.07 expiring on June 18, 2031, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Seneca Bancorp (SNNF) report on this Form 4?
The Form 4 reports that the President and CEO of Seneca Bancorp, Inc. (SNNF), who is also a director, acquired 5,000 shares of common stock on 11/21/2025 at a price of $0, reflecting a stock grant.
What stock options on Seneca Bancorp (SNNF) does the executive hold?
The executive holds stock options on Seneca Bancorp common stock, including 4,842 shares at an exercise price of $9.50 expiring on 08/16/2029, 1,695 shares at $6.73 expiring on 05/19/2030, and 4,842 shares at $10.07 expiring on 06/18/2031, all held directly.
What is the reporting person’s role at Seneca Bancorp (SNNF)?
The reporting person is both a Director and an Officer of Seneca Bancorp, serving as its President and CEO.