Joseph Mancini - 02 Feb 2024 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Chief Operating Officer
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
PVBC
Transactions as of
02 Feb 2024
Net transactions value
-$3,430
Form type
4
Filing time
13 Mar 2024, 17:02:00 UTC
Previous filing
24 Apr 2023
Next filing
23 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Tax liability $3,430 -333 -2.1% $10.30 15,396 02 Feb 2024 Direct F1, F2
holding PVBC Common Stock 5,259 02 Feb 2024 By ESOP F5
holding PVBC Common Stock 1,919 02 Feb 2024 By 401(k) F5

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 28,000 02 Feb 2024 Common Stock 28,000 $9.55 Direct F4
holding PVBC Stock Options 30,000 02 Feb 2024 Common Stock 30,000 $15.00 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 April 22, 2022.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 2, 2024.
F3 Stock option vest at a rate of 20% per year commencing on April 22, 2022.
F4 Stock option vest at a rate of 20% per year commencing on February 2, 2024.
F5 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.