SUGARMAN STEVEN (President) exercised options at PATRIOT NATIONAL BANCORP INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 7/2/2026ACC: 0001437749-26-022627
DirectorOfficer· President
Since Dec 2024
-303.86K
Net shares
Net seller
$364.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
552.93K acquired · 856.79K disposed
Non-Derivative Transactions2
Voting Common Stock
Direct
Shares
+552.93K
Price / share
—
Trade value
—
% of position
26.5%
7/1/2026
2.09M→2.64M
Voting Common Stock
Direct
Shares
−303.86K
Price / share
$1.20
Trade value
$364.63K
% of position
11.5%
7/1/2026
2.64M→2.34M
Total
Net shares
+249.07K
Net value
-$364.63K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Voting Common Stock Direct | 7/1/2026 | M · Option Exercise | +552.93K | — | — | 26.5% | 2.09M | 2.64M |
| Voting Common Stock Direct | 7/1/2026 | F · Tax Withholding | −303.86K | $1.20 | $364.63K | 11.5% | 2.64M | 2.34M |
| Total | +249.07K | -$364.63K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Voting Common Stock
552.93K shares
Shares
−552.93K
Strike price
0
Held after
1.25M
Exercisable
—
7/1/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Voting Common Stock552.93K shares | 7/1/2026 | M · Option Exercise | −552.93K | 0 | — | 1.25M |
Non-Derivative Holdings (Post-Transaction)1
Voting Common Stock
IndirectShares owned9.02M
Total
9.02M indirect9.02M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Voting Common Stock | 9.02M | Indirect |
| Total | 9.02M | 9.02M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported