John A. CITRANO - Oct 31, 2023 Form 4 Insider Report for ECB Bancorp, Inc. /MD/ (ECBK)

Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Stock symbol
ECBK
Transactions as of
Oct 31, 2023
Transactions value $
$93,610
Form type
4
Date filed
11/1/2023, 07:37 AM
Previous filing
May 19, 2023
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECBK Common Stock Award $0 +37.4K +170.67% $0.00 59.4K Oct 31, 2023 Direct F1
holding ECBK Common Stock 4.95K Oct 31, 2023 By Spouse's IRA
holding ECBK Common Stock 35K Oct 31, 2023 By IRA
holding ECBK Common Stock 1.83K Oct 31, 2023 By ESOP

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 $93.6K 93.6K Oct 31, 2023 Common Stock 93.6K $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.