Frederick W. Kuethe III - Jan 7, 2022 Form 4 Insider Report for GLEN BURNIE BANCORP (GLBZ)

Role: Director
Signature: /s/ Frederick W. Kuethe, III
Stock symbol: GLBZ
Transactions as of: Jan 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/23/2022, 11:38 AM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLBZ	Common Stock	Other	$0	+15.1K	+64.72%	$0.00	38.5K	Jan 7, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	On 1/7/22 a trust over which the Reporting Person is a co-trustee and the holdings of which have been included in the Reporting Person's reported ownership, distributed to the trust's beneficiaries all of the shares of the Issuer's Common Stock held by the trust, including 15,120 shares to the Reporting Person.
F2	Includes (i) 1,636 shares held individually by the Reporting Person, (ii) 36,124 shares held jointly with the Reporting Person's wife, and (iii) 723 shares held individually by the Reporting Person's wife. The Reporting Person disclaims beneficial ownership of the shares held individually by his wife. All totals include shares issued periodically pursuant to the Issuer's Dividend Reinvestment Plan and shares issued by the Issuer as a stock dividend.

Content

On 1/7/22 a trust over which the Reporting Person is a co-trustee and the holdings of which have been included in the Reporting Person's reported ownership, distributed to the trust's beneficiaries all of the shares of the Issuer's Common Stock held by the trust, including 15,120 shares to the Reporting Person.

Includes (i) 1,636 shares held individually by the Reporting Person, (ii) 36,124 shares held jointly with the Reporting Person's wife, and (iii) 723 shares held individually by the Reporting Person's wife. The Reporting Person disclaims beneficial ownership of the shares held individually by his wife. All totals include shares issued periodically pursuant to the Issuer's Dividend Reinvestment Plan and shares issued by the Issuer as a stock dividend.