---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-003304"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2025-05-19T23:59:59+00:00"
generated_at: "2026-05-21T01:10:24.127617+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Patriot National Bancorp appoints new directors, C-suite officers; $1.9M debt converted to equity

## Summary
- Converted $1.9M in Senior Notes into 2.5M common shares; includes Chairman's entity.
- Appointed William Paul Simmons as EVP/Chief Credit Officer; salary $400k, 1M RSU initial award.
- Appointed Angie Miranda as EVP/Chief Risk Officer; salary $350k, 450k RSU initial award.
- Elected three new bank directors: Richard Smith, Jeff Seabold, Thedora Nickel.
- Annual meeting set for June 26, 2025; record date May 16; shareholder proposal deadline May 23.

## SEC filing metadata
- accession: 0001171843-25-003304
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2025-05-19T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000117184325003304/0001171843-25-003304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000117184325003304/f8k_051925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003304
- JSON: https://secwatch.observer/filing/0001171843-25-003304.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003304.txt

## Key facts
- Executive change
  Angie Miranda was appointed as Executive Vice President and Chief Risk Officer at PATRIOT NATIONAL BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Risk Officer
  source text: The Company has previously reported that Angie Miranda was appointed as the Executive Vice President and Chief Risk Officer of the Bank, to be effective as of May 6, 2025, and that the compensation to Ms. Miranda was being negotiated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000117184325003304/0001171843-25-003304-index.htm
- Executive change
  William Paul Simmons was appointed as Executive Vice President and Chief Credit Officer at PATRIOT NATIONAL BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Credit Officer
  source text: On May 13, 2025, William Paul Simmons was appointed as the Executive Vice President and Chief Credit Officer of Patriot Bank, N.A., the Company’s wholly-owned subsidiary (the “Bank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000117184325003304/0001171843-25-003304-index.htm
- Governance Changes
  PATRIOT NATIONAL BANCORP INC: Board approved Amended and Restated Bylaws to permit shareholder action by written consent in lieu of a meeting, with conforming updates (effective 2025-05-15).
  - Change: bylaw amendment
  - Effective: 2025-05-15
  source text: On May 15, 2025, the Board of Directors of the Company approved an amendment and restatement of the Company’s bylaws (the “Amended and Restated Bylaws”), effective as of the same date. Among other things, the amendments contained in the Amended and Restated Bylaws provide that any action required or permitted by any provision of Connecticut law to be taken at a shareholders’ meeting may be taken without a meeting and without prior notice, if consents in writing setting forth the action so taken are signed by the holders of outstanding shares having not less than the minimum number of votes that would be required to authorize such action at a shareholders meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000117184325003304/0001171843-25-003304-index.htm

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