Martin S. Friedman - Aug 17, 2021 Form 3 Insider Report for Westbury Bancorp, Inc. (WBBW)

Role
10%+ Owner
Signature
/s/ Martin Friedman
Stock symbol
WBBW
Transactions as of
Aug 17, 2021
Transactions value $
$0
Form type
3
Date filed
8/19/2021, 12:20 PM
Previous filing
Jul 29, 2021
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WBBW Common Stock 250K Aug 17, 2021 See footnote F1
holding WBBW Common Stock 26.9K Aug 17, 2021 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Martin S Friedman (the "Reporting Person") is the managing member of FJ Capital Management LLC ("FJ Capital") , which is the Managing Member of Financial Opportunity Fund LLC ("FOF") which holds 249,706 shares of the issuer. Martin S. Friedman, in his capacity as Managing Member of FJ Capital, has voting and dispositive power over the 26,877 shares of the issuer held by FOF and a separate managed account. Mr. Friedman disclaims beneficial ownership of the Shares reported herein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

On August 17, 2021, Westbury Bancorp, Inc. (WBBW) filed their form 10-Q. Subsequently, FJ Capital discovered WBBW had completed a stock repurchase which resulted in FJ Capital exceeding the 10% ownership threshold.