Robert A. Bedinghaus - 25 May 2021 Form 4 Insider Report for Cincinnati Bancorp, Inc.

Role: Chairman/CEO, Director
Signature: /s/ Joseph V. Bunke, pursuant to power of attorney
Issuer symbol: N/A
Transactions as of: 25 May 2021
Net transactions value: +$13,900
Form type: 4
Filing time: 26 May 2021, 15:36:15 UTC
Next filing: 11 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CNNB	Common Stock	Purchase	$5,671	+408	+0.61%	$13.90	67,430	25 May 2021	By IRA
transaction	CNNB	Common Stock	Purchase	$8,229	+592	+0.88%	$13.90	68,022	26 May 2021	By IRA
holding	CNNB	Common Stock						13,162	25 May 2021	Direct	F1
holding	CNNB	Common Stock						1,630	25 May 2021	By ESOP	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	CNNB	Stock Options						19,284	25 May 2021	Common Stock	19,284	$5.84	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 5,069 unvested restricted stock awards.
F2	Stock options vest at a rate of 20% per year commencing on June 21, 2018.
F3	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended