Pappas Mark J 4

What Happened Mark J. Pappas, Executive Vice President and Chief Risk Officer of ConnectOne Bancorp (CNOB), received a grant of 3,507 deferred stock units on 2026-03-25. The units were awarded at a reported acquisition price of $0.00 (code A — award/grant), so the reported aggregate purchase cost is $0. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-27).
• Transaction type/code: Award/Grant (A); price per unit reported as $0.00; total reported consideration $0.
• Vesting/footnote: Units are deferred stock units subject to forfeiture; vesting 1/3 on 3/25/2027, 1/3 on 3/25/2028 and final 1/3 on 3/25/2029 (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Filed within two business days (not marked late).

Context This was a typical executive compensation grant (deferred stock units) rather than a purchase or sale. Such awards are common for retention and incentive purposes and do not by themselves indicate insider buying or selling intent. The units only convert to owned shares as they vest and assuming forfeiture conditions are met.