L. Houle - Aug 2, 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Signature
/s/ Carol Houle
Stock symbol
PVBC
Transactions as of
Aug 2, 2023
Transactions value $
$89,991
Form type
4
Date filed
8/3/2023, 01:16 PM
Previous filing
Dec 20, 2022
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Purchase $90K +9.08K +11.4% $9.91 88.7K Aug 2, 2023 By 401(k)
holding PVBC Common Stock 66.7K Aug 2, 2023 Direct F1
holding PVBC Common Stock 14.7K Aug 2, 2023 By ESOP F2

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 PVBC Stock Options 99.7K Aug 2, 2023 Common Stock 99.7K $8.61 Direct
holding PVBC Stock Options 102K Aug 2, 2023 Common Stock 102K $11.93 Direct F3
* 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 December 17, 2021.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock option vest at a rate of 20% per year commencing on December 17, 2021.