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

Role
EVP and CLO
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, 07:38:41 UTC
Previous filing
17 May 2023
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 +81% $0.000000 83,945 31 Oct 2023 Direct F1

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.