Kenneth D. Pawlak - 21 Mar 2025 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
EVP - Chief Growth Officer
Signature
/s/Jessica L. Brosius, Attorney in Fact for Kenneth D. Pawlak
Issuer symbol
EVBN
Transactions as of
21 Mar 2025
Net transactions value
-$4,278
Form type
4
Filing time
25 Mar 2025, 10:34:40 UTC
Previous filing
21 Mar 2025
Next filing
23 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $11,148 +288 +4.3% $38.71 6,990 21 Mar 2025 Direct
transaction EVBN Common Stock Tax liability $4,278 -109 -1.6% $39.25 6,881 24 Mar 2025 Direct

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 EVBN Restricted Stock Unit Options Exercise $11,148 -288 -50% $38.71 288 21 Mar 2025 Common Stock 288 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On March 21, 2023, the reporting person was granted 288 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3 No expiration date for this type of award