Joseph Sachetta - Sep 8, 2023 Form 4 Insider Report for ECB Bancorp, Inc. /MD/ (ECBK)

Role
Director
Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Stock symbol
ECBK
Transactions as of
Sep 8, 2023
Transactions value $
$29,160
Form type
4
Date filed
9/11/2023, 12:07 PM
Previous filing
Jul 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECBK Common Stock Award $0 +11.7K $0.00 11.7K Sep 8, 2023 Direct F1
holding ECBK Common Stock 35K Sep 8, 2023 By Roth IRA
holding ECBK Common Stock 15K Sep 8, 2023 By Spouse's Roth IRA

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 ECBK Stock Options Award $29.2K 29.2K Sep 8, 2023 Common Stock 29.2K $11.80 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on September 8, 2024.
F2 Stock options vest at a rate of 20% per year commencing on September 8, 2024.