Carol L. Houle - 17 Dec 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Signature
/s/ Carol Houle
Issuer symbol
PVBC
Transactions as of
17 Dec 2023
Net transactions value
-$20,052
Form type
4
Filing time
20 Dec 2023, 19:41:27 UTC
Previous filing
03 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Tax liability $20,052 -2,042 -3.1% $9.82 64,634 17 Dec 2023 Direct F1
holding PVBC Common Stock 14,681 17 Dec 2023 By ESOP F2
holding PVBC Common Stock 88,735 17 Dec 2023 By 401(k)

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
holding PVBC Stock Options 99,738 17 Dec 2023 Common Stock 99,738 $8.61 Direct
holding PVBC Stock Options 102,125 17 Dec 2023 Common Stock 102,125 $11.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 17, 2021.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock option vest at a rate of 20% per year commencing on December 17, 2021.