---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-029410"
form_type: "8-K"
ticker: "PNBK"
cik: "0001098146"
company_name: "PATRIOT NATIONAL BANCORP INC"
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T01:23:52.039198+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Patriot National outlines growth strategy; may consider merger or sale of bank

## Summary
- Leveraging low-cost funding of Patriot Bank to build scale and profitability.
- Pursuing bolt-on accretive, fee-income producing platforms and digital transition.
- If growth strategies fail, will consider alternate paths including merger or sale of the Bank.

## SEC filing metadata
- accession: 0001437749-22-029410
- form_type: 8-K
- ticker: PNBK
- cik: 0001098146
- company_name: PATRIOT NATIONAL BANCORP INC
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 5.07, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098146/000143774922029410/0001437749-22-029410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098146/000143774922029410/pnbk20221219_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-029410
- JSON: https://secwatch.observer/filing/0001437749-22-029410.json
- Plain text: https://secwatch.observer/filing/0001437749-22-029410.txt

## Key facts
- Shareholder Votes
  PATRIOT NATIONAL BANCORP INC shareholders approved To elect five (5) directors to serve until the Company's Annual Meeting of Shareholders to be held in 2022 and until their successors are elected. at the 2022-12-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-12-14
  source text: (1) To elect five (5) directors to serve until the Company ’ s Annual Meeting of Shareholders to be held in 2022 and until their successors are elected. NAME OF DIRECTOR VOTES FOR VOTES WITHHELD Michael A. Carrazza 2,059,453 60,024 Robert G. Russell, Jr. 2,058,699 60,778 Edward N. Constantino 1,997,384 122,093 Emile Van den Bol 1,335,569 783,908 Michael J. Weinbaum 2,018,563 100,914
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000143774922029410/0001437749-22-029410-index.htm
- Shareholder Votes
  PATRIOT NATIONAL BANCORP INC shareholders approved To approve and ratify the amendment and restatement of the Company ’ s 2020 Restricted Stock Award Plan, to reduce the total number of shares authorized for issuance thereunder and limit the maximum number of shares of common stock that may be granted to any non-employee director during a single fis at the 2022-12-14 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2022-12-14
  source text: (3) To approve and ratify the amendment and restatement of the Company ’ s 2020 Restricted Stock Award Plan, to reduce the total number of shares authorized for issuance thereunder and limit the maximum number of shares of common stock that may be granted to any non-employee director during a single fiscal year. VOTES FOR 2,099,474 VOTES AGAINST 7,577 ABSTAINED/WITHHELD 12,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000143774922029410/0001437749-22-029410-index.htm
- Shareholder Votes
  PATRIOT NATIONAL BANCORP INC shareholders approved To approve and ratify the appointment RSM US LLP to serve as the independent registered public accounting firm for the Company for the 2022 fiscal year. at the 2022-12-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-12-14
  source text: (2) To approve and ratify the appointment RSM US LLP to serve as the independent registered public accounting firm for the Company for the 2022 fiscal year. VOTES FOR 3,032,681 VOTES AGAINST 25,155 ABSTAINED/WITHHELD 12,226
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098146/000143774922029410/0001437749-22-029410-index.htm

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