---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-112963"
form_type: "8-K"
ticker: null
cik: "0001778784"
company_name: "Provident Bancorp, Inc. /MD/"
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:21:41.258214+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Provident Bancorp acquired by NB Bancorp; shareholders get $13 or 0.691 NBBK shares

## Summary
- Merger effective November 15, 2025; Provident Bancorp ceases to exist as separate entity.
- Each PVBC share converted into either 0.691 NB Bancorp common shares or $13.00 cash, subject to 50% stock proration.
- PVBC common stock delisted from NASDAQ; SEC deregistration and Form 15 filing planned.
- All Provident Bancorp directors and officers resigned upon merger effectiveness.

## SEC filing metadata
- accession: 0001104659-25-112963
- form_type: 8-K
- cik: 0001778784
- company_name: Provident Bancorp, Inc. /MD/
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/0001104659-25-112963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/tm2531273d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-112963
- JSON: https://secwatch.observer/filing/0001104659-25-112963.json
- Plain text: https://secwatch.observer/filing/0001104659-25-112963.txt

## Source-grounded claims
- claim_id: 087372f3dcd493baf924688e0e6c2aecc9504eff
  claim: Provident Bancorp, Inc. /MD/: Provident Bancorp ceased to exist as a result of merger; its articles and bylaws terminated by operation of law.
  evidence_excerpt: as a result of the Merger, at the Effective Time, Provident Bancorp ceased to exist and the Articles of Incorporation and the Bylaws of Provident Bancorp ceased to be in effect by operation of law.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/0001104659-25-112963-index.htm
- claim_id: 8eb91a76eb167632eca6e18d68a75e4170a61abb
  claim: Provident Bancorp, Inc. /MD/ underwent a change of control involving NB Bancorp, Inc. for either (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash (closed 2025-11-17).
  evidence_excerpt: greement”), dated as of June 5, 2025, by and among NB Bancorp, Inc. (“NB Bancorp”), Needham Bank, 1828 MS, Inc., Provident Bancorp, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/0001104659-25-112963-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.