---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-001969"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T09:57:16.450980+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp CEO Robert Russell resigns; David Lowery named successor effective April 21

## Summary
- Robert G. Russell, Jr. resigned as President, CEO and Director, effective April 21, 2023.
- David Lowery, previously EVP and Chief Lending Officer, promoted to President, CEO and Director effective April 21.
- Lowery joined Patriot Bank in April 2021 and led lending growth; prior roles at IBERIABANK, Metropolitan Commercial Bank, M&T Bank.
- Russell is leaving to pursue another career opportunity; transition period through late April.

## SEC filing metadata
- accession: 0001171843-23-001969
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000117184323001969/0001171843-23-001969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000117184323001969/f8k_032923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-001969
- JSON: https://secwatch.observer/filing/0001171843-23-001969.json
- Plain text: https://secwatch.observer/filing/0001171843-23-001969.txt

## Key facts
- Executive change
  David Lowery was appointed as President, Chief Executive Officer and Director at PATRIOT NATIONAL BANCORP INC.
  - Action: promoted
  - Role: President, Chief Executive Officer and Director
  source text: David Lowery, Executive Vice President and Chief Lending Officer of Patriot Bank, was promoted by the Board of Directors to serve as President, Chief Executive Officer and Director of the Company and Patriot Bank on March 26, 2023, to be effective as of April 21, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000117184323001969/0001171843-23-001969-index.htm
- Executive change
  Robert G. Russell, Jr. resigned as President, Chief Executive Officer and Director at PATRIOT NATIONAL BANCORP INC.
  - Action: resigned
  - Role: President, Chief Executive Officer and Director
  source text: On March 23, 2023, Robert G. Russell, Jr. tendered his resignation as President, Chief Executive Officer and Director of Patriot National Bancorp, Inc. (the “Company”) and Patriot Bank, N.A., a wholly-owned subsidiary of the Company (“Patriot Bank”), to be effective as of April 21, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000117184323001969/0001171843-23-001969-index.htm

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