Steven Sugarman - 01 Oct 2026 Form 4 Insider Report for PATRIOT NATIONAL BANCORP INC (PNBK)

Reporting relationship: President and CEO, Director
Issuer ticker: PNBK
Reported as of: 01 Oct 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Oct 2026, 11:27:15 UTC
Prior SEC filing: 27 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Steven Sugarman

Key filing fact

Steven Sugarman filed Form 4 for PATRIOT NATIONAL BANCORP INC (PNBK) on 02 Oct 2026.

Key facts

This page summarizes Steven Sugarman's Form 4 filing for PATRIOT NATIONAL BANCORP INC (PNBK).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Oct 2026, 11:27.

Change

Previous filing in this sequence was filed on 27 Aug 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001504590 Primary reporting owner

Sugarman Steven

Relationship: President and CEO, Director
Address: C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD
Signature: /s/ Steven Sugarman
Signature date: 02 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PNBK transaction

Voting Common Stock

Options Exercise

Transaction value
Shares: +1,147,031
Change %: +49%
Price: $0.000000^*
Shares after: 3,485,140
Date: 01 Oct 2026
Ownership: Direct
Footnotes: F1

PNBK transaction

Voting Common Stock

Tax liability

Transaction value
Shares: -583,609
Change %: -17%
Price: $1.00^*
Shares after: 2,901,531
Date: 01 Oct 2026
Ownership: Direct
Footnotes: F2

PNBK holding

Voting Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 9,019,978
Date: 01 Oct 2026
Ownership: By Steven and Ainslie Sugarman Living Trust
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PNBK transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -1,147,031
Change %: -90%
Price: $0.000000^*
Shares after: 133,884
Date: 01 Oct 2026
Ownership: Direct
Underlying class: Voting Common Stock
Underlying amount: 1,147,031
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On October 1, 2026, upon the expiration of the restricted period on 1,147,031 restricted stock units ("RSUs") granted to the reporting person pursuant to an award agreement effective October 1, 2025 (previously disclosed in a Form 4 filed on October 23, 2025), 1,147,031 RSUs settled and the Issuer delivered shares of Common Stock in settlement thereof. No consideration was paid by the Reporting Person in connection with the settlement.

Footnote F2

Represents 583,609 shares of Common Stock withheld by the Issuer upon settlement of the RSUs to satisfy the Reporting Person's applicable tax withholding obligations. The shares were withheld at a price of $1.00 per share, representing the closing price of the Issuer's Common Stock on September 25, 2026. The withheld shares were not delivered to the Reporting Person.

Footnote F3

The Trust is a revocable living trust for the benefit of the Reporting Person and his spouse. The Reporting Person and his spouse are the trustees of the Trust.