Carlos P. Salas - 30 Jul 2025 Form 3 Insider Report for PATRIOT NATIONAL BANCORP INC (PNBK)

Signature
/s/ Carlos P Salas
Issuer symbol
PNBK
Transactions as of
30 Jul 2025
Net transactions value
$0
Form type
3
Filing time
05 Aug 2025, 17:27:16 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Salas Carlos P EVP & Chief Financial Officer, Director C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD /s/ Carlos P Salas 05 Aug 2025 0001301045

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PNBK Common Stock 1,333,334 30 Jul 2025 By HECA Management LLC F1
holding PNBK Common Stock 1,000,000 30 Jul 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 HECA Management LLC ("HECA Management") purchased the securities described herein as part of the $57.75 million private placement of Patriot National Bancorp Inc. that was completed on March 20, 2025. The Reporting Person is the managing member of HECA Management and is deemed to hold sole voting and dispositive power over the securities held by HECA Management.
F2 On April 30, 2025, the Reporting Person was granted Restricted Stock Units equal to 1,000,000 shares of Common Stock, which will vest over three years (333,333 shares, 333,333 shares, and 333,334 shares respectively as of April 30, 2026, 2027 and 2028).