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

Role
EVP, COO and CFO
Signature
/s/ Steven T. Lanter, pursuant to power of attoreny
Issuer symbol
ECBK
Transactions as of
31 Oct 2023
Net transactions value
+$93,610
Form type
4
Filing time
01 Nov 2023, 07:37:12 UTC
Previous filing
19 May 2023
Next filing
13 May 2024
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 +37,444 +171% $0.000000 59,384 31 Oct 2023 Direct F1
holding ECBK Common Stock 4,946 31 Oct 2023 By Spouse's IRA
holding ECBK Common Stock 35,000 31 Oct 2023 By IRA
holding ECBK Common Stock 1,828 31 Oct 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 $93,610 93,610 31 Oct 2023 Common Stock 93,610 $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.