L. Houle - Dec 17, 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Co-President, Co-CEO and CFO
Signature
/s/ Carol Houle
Stock symbol
PVBC
Transactions as of
Dec 17, 2023
Transactions value $
-$20,052
Form type
4
Date filed
12/20/2023, 07:41 PM
Previous filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Tax liability -$20.1K -2.04K -3.06% $9.82 64.6K Dec 17, 2023 Direct F1
holding PVBC Common Stock 14.7K Dec 17, 2023 By ESOP F2
holding PVBC Common Stock 88.7K Dec 17, 2023 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PVBC Stock Options 99.7K Dec 17, 2023 Common Stock 99.7K $8.61 Direct
holding PVBC Stock Options 102K Dec 17, 2023 Common Stock 102K $11.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 17, 2021.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock option vest at a rate of 20% per year commencing on December 17, 2021.