Brandon Lavertu - 31 Oct 2023 Form 4 Insider Report for ECB Bancorp, Inc. /MD/ (ECBK)

Role
CAO
Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Issuer symbol
ECBK
Transactions as of
31 Oct 2023
Net transactions value
+$74,888
Form type
4
Filing time
01 Nov 2023, 07:35:51 UTC
Previous filing
27 Jul 2022
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECBK Common Stock Award $0 +29,955 $0.000000 29,955 31 Oct 2023 Direct F1
holding ECBK Common Stock 40,000 31 Oct 2023 By IRA
holding ECBK Common Stock 15,000 31 Oct 2023 By Roth IRA
holding ECBK Common Stock 15,000 31 Oct 2023 By Spouse

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 $74,888 74,888 31 Oct 2023 Common Stock 74,888 $10.12 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 October 31, 2024.
F2 Stock options vest at a rate of 20% per year commencing on October 31, 2024.