Pappas Mark J 4

What Happened Mark J. Pappas, Executive Vice President and Chief Risk Officer of ConnectOne Bancorp (CNOB), had company shares withheld to satisfy tax withholding obligations tied to vesting deferred stock units. On March 20, 2026, 440 shares were withheld at $25.95 per share for a value of $11,418. On March 23, 2026, 514 shares were withheld at $26.72 per share for a value of $13,734. These are tax-withholding (code F) transactions tied to the vesting of deferred stock unit grants, not open-market buy or sell decisions.

Key Details

• Transaction dates and amounts:
  • 2026-03-20: 440 shares withheld @ $25.95 — $11,418 (Footnote F1)
  • 2026-03-23: 514 shares withheld @ $26.72 — $13,734 (Footnote F2)
• Footnotes:
  • F1: Withheld for taxes upon vesting of deferred stock units on March 20, 2026 from a grant dated March 20, 2025.
  • F2: Withheld for taxes upon vesting of deferred stock units on March 23, 2026 (the first business day after a Sunday vesting date) from a grant dated March 22, 2024.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on March 24, 2026 and reports transactions from March 20 and March 23, 2026; this filing date is within the SEC’s two-business-day reporting window and is therefore timely.

Context

• These entries are routine tax-withholding actions when deferred stock units vest. They reflect shares retained by the company to cover tax liabilities, not discretionary open-market sales or purchases by the insider.