Seneca Bancorp: Zames reports 9.2% stake, 165,023 shares
Seneca Bancorp (SNNF): Mark Zames filed a Schedule 13D reporting beneficial ownership of 165,023 shares of common stock, representing 9.2% of the class.
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Rhea-AI Filing Summary
Seneca Bancorp (SNNF): Mark Zames filed a Schedule 13D reporting beneficial ownership of 165,023 shares of common stock, representing 9.2% of the class. The filing notes that this percentage is based on 1,792,992 shares outstanding deemed outstanding for this purpose.
Zames holds sole voting and dispositive power over all reported shares and includes 2,789 shares issuable upon option exercise within 60 days of October 15, 2025. The filing lists a recent open-market purchase on October 15, 2025 of 25,000 shares at $10.00 per share. The shares are held for investment purposes, and Zames, who serves as Chairman of the Board, may buy or sell shares or consider corporate actions as circumstances warrant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did Mark Zames report in Seneca Bancorp (SNNF)?
Does the reported ownership include options?
What voting and dispositive power does Zames report?
What is Mark Zames’s role at Seneca Bancorp?
What is the stated purpose of Zames’s investment?
AI-generated analysis. How Rhea-AI works. Not financial advice.