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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Apr 2025, 17:26:42 UTC
Prior SEC filing
25 Mar 2025
Next SEC filing
02 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Jessica L. Brosius, Attorney in Fact for Kenneth D. Pawlak

Key filing fact

Kenneth D. Pawlak filed Form 4 for EVANS BANCORP INC (EVBN) on 23 Apr 2025.

Key facts

  • This page summarizes Kenneth D. Pawlak's Form 4 filing for EVANS BANCORP INC (EVBN).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 23 Apr 2025, 17:26.

Change

  • Previous filing in this sequence was filed on 25 Mar 2025.
  • Current net transaction value: -$48,414.

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

Reported non-derivative transactions

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

EVBN transaction

Common Stock

Options Exercise

Transaction value
$38,528
Shares
+1,072
Change %
+16%
Price
$35.94
Shares after
7,953
Date
21 Apr 2025
Ownership
Direct
EVBN transaction

Common Stock

Options Exercise

Transaction value
$73,174
Shares
+2,036
Change %
+26%
Price
$35.94
Shares after
9,989
Date
21 Apr 2025
Ownership
Direct
EVBN transaction

Common Stock

Tax liability

Transaction value
$48,414
Shares
-1,269
Change %
-13%
Price
$38.15
Shares after
8,720
Date
23 Apr 2025
Ownership
Direct

Reported derivative securities

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

EVBN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$38,528
Shares
-1,072
Change %
-50%
Price
$35.94
Shares after
1,072
Date
21 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,072
Exercise price
Footnotes
F1, F2, F3
EVBN transaction Derivative

Performance Stock Units

Options Exercise

Transaction value
$73,174
Shares
-2,036
Change %
-50%
Price
$35.94
Shares after
2,036
Date
21 Apr 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,036
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

The reporting person was granted 2,038 restricted stock units. The 1,072 shares in this event have been accelerated and will be the final vesting for this grant type.

Footnote F3

No expiration date for this type of award

Footnote F4

The reporting person was granted 2,036 performance stock units subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The vest period was accelerated and the shares vested at 100% of target, resulting in the vesting of 2,036 shares of restricted stock, and were transferred to the executive on 4/21/2025.

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