Partners Bancorp (PTRS) executive Harrison returned to the company 199,170 shares
Insider transactions reported
Lloyd B. Harrison III (executive at Partners Bancorp, PTRS) reported that they returned to the company 199,170 shares on Nov 30, 2023. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (Held in spouse's IRA account).
- Reporting person
- Harrison Lloyd B. III
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 30, 2023 | Sale back to the company (D) | Common Stock1 | -164,812 | - | - | 0 direct |
| Nov 30, 2023 | Sale back to the company (D) | Common Stock1 | -34,358 | - | - | 0 indirect |
Holdings before and after
- Common Stock: 164,812 to 0 direct
- Common Stock: 34,358 to 0 indirect, Held in spouse's IRA account
Footnotes from the filing
- 1. The shares were disposed of pursuant to the Agreement and Plan of Merger (the Merger Agreement ), dated as of February 22, 2023, by and between LINKBANCORP, Inc. ( LINK ) and Partners Bancorp ( Partners ). Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of Partners common stock was converted into the right to receive 1.150 shares of common stock of LINK and cash in lieu of fractional shares. On November 30, 2023, the closing price of the issuer's common stock was $7.15 per share, and the closing price of LINK's common stock was $6.47 per share.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Harrison report in this PTRS Form 4?
Lloyd B. Harrison III (executive at Partners Bancorp, PTRS) reported that they returned to the company 199,170 shares on Nov 30, 2023. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (Held in spouse's IRA account).
How many PTRS shares does Harrison hold after this filing?
The filing shows 0 shares held directly, 0 shares held indirectly (Held in spouse's IRA account) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for PTRS
Earlier insider filings at PTRS
- Dec 1, 2023Breda John W. returned 29,946 shares to the company, closing all direct ownership in the company (SEC Form 4)
- May 11, 2023SEC Form 4 filed by Tamburro James A.
- Mar 11, 2022SEC Form 4: Clarke Michael W bought $6,495 worth of shares (852 units at $7.62), increasing direct ownership by 0.55% to 154,439 units
- Jan 22, 2022SEC Form 4: Snead George P. exercised 4,638 shares at a strike of $5.83, increasing direct ownership by 24% to 24,161 units
- Jan 22, 2022SEC Form 4: Albertine Mona D. exercised 4,638 shares at a strike of $5.83, increasing direct ownership by 9% to 56,778 units
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