URSB (URSB) director Patrick DeBlasio reports 10,000-share common stock stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
URSB Bancorp, Inc. director Patrick J. DeBlasio filed an initial ownership report on Form 3, showing existing holdings of the company’s common stock. The filing reports 5,000 shares held directly and 5,000 shares held indirectly through a Deferred Compensation Plan, with no new purchases or sales disclosed.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeBlasio Patrick J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct);
Common Stock — 5,000 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
Key Figures
Direct common stock holding: 5,000 shares
Indirect common stock holding: 5,000 shares
Holding entries reported: 2 entries
+1 more
4 metrics
Direct common stock holding
5,000 shares
Total shares following transaction, direct ownership
Indirect common stock holding
5,000 shares
Total shares following transaction, by Deferred Compensation Plan
Holding entries reported
2 entries
Number of holding entries in transaction summary
Unknown transaction records
2 records
Unknown transaction codes in transaction summary
Key Terms
Form 3, Common Stock, Deferred Compensation Plan
3 terms
Form 3 regulatory
"Patrick J. DeBlasio filed an initial ownership report on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Deferred Compensation Plan financial
"nature_of_ownership": "By Deferred Compensation Plan""
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
What does the URSB Form 3 filing by Patrick J. DeBlasio show?
It shows Patrick J. DeBlasio’s initial reported ownership in URSB Bancorp common stock, including 5,000 shares held directly and 5,000 shares held indirectly via a Deferred Compensation Plan, with no reported buy or sell transactions.
Does the URSB Form 3 for Patrick J. DeBlasio show any insider buying or selling?
No. The Form 3 lists holdings only and shows no explicit buy or sell transactions. Transaction entries are classified as holdings with unknown transaction codes, reflecting an initial ownership statement rather than new trading activity in URSB shares.
What is the significance of a Form 3 filing for URSB director Patrick J. DeBlasio?
Form 3 is the initial statement of beneficial ownership when someone becomes an insider. For URSB, it records Patrick J. DeBlasio’s starting positions in common stock, both direct and Deferred Compensation Plan holdings, creating a baseline for future Form 4 or Form 5 updates.