Michael A. Carrazza - 13 May 2025 Form 4 Insider Report for PATRIOT NATIONAL BANCORP INC (PNBK)

Reporting relationship: Chairman of the Board, Director
Issuer ticker: PNBK
Reported as of: 13 May 2025
Net transaction value: +$649,492
SEC form: 4
Accepted by SEC: 15 May 2025, 15:50:28 UTC
Source filing: View source filing
Reporting owner signature: /s/ Michael A. Carrazza

Key filing fact

Michael A. Carrazza filed Form 4 for PATRIOT NATIONAL BANCORP INC (PNBK) on 15 May 2025.

Key facts

This page summarizes Michael A. Carrazza's Form 4 filing for PATRIOT NATIONAL BANCORP INC (PNBK).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 15 May 2025, 15:50.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$649,492.

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 0001498203 Primary reporting owner

Carrazza Michael A.

Relationship: Chairman of the Board, Director
Address: C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD
Signature: /s/ Michael A. Carrazza
Signature date: 15 May 2025

Reported non-derivative transactions

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

PNBK transaction

Common Stock

Purchase

Transaction value: $649,492
Shares: +865,990
Change %
Price: $0.7500
Shares after: 865,990
Date: 13 May 2025
Ownership: By Solaia Capital Holdings LLC
Footnotes: F1, F2

PNBK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,221
Date: 13 May 2025
Ownership: By Solaia Capital Management Profit Sharing Plan FBO Michael A. Carrazza

PNBK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 55,033
Date: 13 May 2025
Ownership: Direct

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On May 13, 2025, Solaia Capital Holdings LLC purchased the outstanding principal balance and accrued unpaid interest of $649,492.84 of a 8.50% Fixed Rate Senior Note Due January 15, 2026 previously issued by the Issuer and converted it into 865,990 shares of Common Stock at $0.75 per share.

Footnote F2

As the manager of Solaia Capital Holdings LLC, the Reporting Person has voting and dispositive power over the shares held by Solaia Capital Holdings LLC.