Kempner Michael W 4

What Happened
Michael W. Kempner, a Director of ConnectOne Bancorp, Inc. (CNOB), reported an open-market sale of 67,800 shares on 2020-08-11 at $14.75 per share, generating approximately $1,000,382. The filing also reports a later charitable gift of 7,707 shares on 2026-03-17 (reported with $0 proceeds).

Key Details

• Primary sale: 67,800 shares sold on 2020-08-11 at $14.75 each; total ≈ $1,000,382 (transaction code S = Sale).
• Gift: 7,707 shares transferred as a charitable gift on 2026-03-17 (transaction code G = Gift; $0 proceeds). Footnote F1 confirms this was a charitable gift.
• Footnote F2 notes 9,803.525 shares were acquired via the company’s Dividend Reinvestment & Optional Cash Purchase Plan.
• Shares owned following these transactions: not specified in the provided filing data.
• Filing info/timeliness: Form filed 2026-03-19 covering the 2020-08-11 sale and the 2026-03-17 gift — this indicates a late report for the 2020 sale (filed well after the transaction date).

Context

• The 2020 transaction was an open-market sale (routine disposition), which is common for insiders and does not by itself indicate company outlook.
• The 2026 entry is a charitable gift; gifts typically reflect personal/charitable planning rather than market sentiment.
• Late filings reduce the timeliness of disclosure for investors; check the company’s filings or contact investor relations for any additional explanations.