Company: PNBK
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001628280-25-017837
Chunk: 65

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-04-15
Form: 10-K
Item: Item 12
Chunk 65
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Table of Contents

ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters

Security Ownership of Certain Beneficial Owners and Management of Patriot 

The table below provides certain information about beneficial ownership of Patriot common stock as of April 15, 2025 with respect to: (i) each person, or group of affiliated persons, who is known to Patriot to own more than five percent (5%) of Patriot common stock; (ii) each of the Patriot’s directors; (iii) each of the Patriot’s executive officers; and (iv) all of Patriot’s directors and executive officers as a group.

Except as otherwise noted, to the knowledge of the Company, all persons listed below have sole voting and dispositive power with respect to all shares of Patriot common stock they beneficially own, except to the extent authority is shared by spouses under applicable law. Applicable percentage ownership is based on 73,725,292 shares of Patriot common stock outstanding as of April 15, 2025. In computing the number of shares of common stock beneficially owned by a person and applicable percentage of ownership of that person, we deemed outstanding shares of common stock subject to options held by that person that are currently exercisable or exercisable within sixty (60) days of April 15, 2025. We did not deem these shares outstanding, however, for the purpose of computing the percentage ownership of any other person.

Unless otherwise indicated, the address of each shareholder is in care of Patriot National Bancorp, Inc., 900 Bedford Street, Stamford, CT 06901. 

Name of Beneficial OwnerShares of Common Stock Beneficially OwnedPercent of ClassSteven A. Sugarman7,019,978(1)9.5 %Michael A. Carrazza67,254(2)*David C. Lowery12,000*David Finn—*Frederick K. Staudmyer4,522*Joshua Oliver—*Thomas E. Slater6,245*Steve Grunblatt3,247*Alfred Botta—*Edward N. Constantino17,433(3)*Emile Van den Bol65,0460.1 %Michael J. Weinbaum363,605(4)0.5 %Grace Doherty 1,447*All Directors and Executive Officers7,560,77710.3 %FHNB LLC6,666,667(5)9.0 %CB Growth Capital, LLC6,