Laurie H. Knapp - 31 Jul 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Carol Houle, pursuant to power of attorney
Issuer symbol
PVBC
Transactions as of
31 Jul 2023
Net transactions value
+$17,606
Form type
4
Filing time
01 Aug 2023, 15:14:04 UTC
Previous filing
25 Aug 2022
Next filing
17 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Purchase $6,739 +693 +1.8% $9.72 38,728 31 Jul 2023 Direct F1
transaction PVBC Common Stock Purchase $1,309 +135 +1.8% $9.70 7,583 31 Jul 2023 By IRA
transaction PVBC Common Stock Purchase $1,949 +201 +2.8% $9.70 7,426 31 Jul 2023 By Spouse
transaction PVBC Common Stock Options Exercise $8,610 +1,000 +2.6% $8.61 39,728 01 Aug 2023 Direct F1
holding PVBC Common Stock 302 31 Jul 2023 By Son 1
holding PVBC Common Stock 151 31 Jul 2023 Joint with Son 2
holding PVBC Common Stock 151 31 Jul 2023 Joint with Son 3

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
transaction PVBC Stock Options Options Exercise $1,000 21,108 01 Aug 2023 Common Stock 1,000 $8.61 Direct
holding PVBC Stock Options 25,500 31 Jul 2023 Common Stock 25,500 $10.40 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 24, 2021.
F2 Stock option vest at a rate of 20% per year commencing on November 24, 2021.