secwatch.observer — SEC 8-K summary
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Issuer:     PATRIOT NATIONAL BANCORP INC (PNBK)
CIK:        0001098146
Form:       8-K
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001437749-25-022365
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patriot National Bancorp creates non-voting common stock; Series A Preferred converts
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- Amended charter authorizes 200M total shares: 170M voting, 30M non-voting common, 1M preferred.
- Series A Preferred (90,832 shares) automatically converted into 7,266,560 shares of non-voting common on July 3, 2025.
- As of July 3, 84,783,830 voting common shares and 7,266,560 non-voting common shares outstanding.
- Maximum voting shares available for equity incentive plan set at 18,410,078 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098146/000143774925022365/0001437749-25-022365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098146/000143774925022365/pnbk20250708_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-022365

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