secwatch.observer — SEC 8-K summary
======================================

Issuer:     Provident Bancorp, Inc. /MD/ (—)
CIK:        0001778784
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001104659-25-112963
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/0001104659-25-112963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778784/000110465925112963/tm2531273d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-112963

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer