Patriot National Bancorp Names New CEO, CFO, and Directors

Ticker: PNBK · Form: 8-K · Filed: Apr 8, 2024 · CIK: 1098146

Patriot National Bancorp Inc 8-K Filing Summary
FieldDetail
CompanyPatriot National Bancorp Inc (PNBK)
Form Type8-K
Filed DateApr 8, 2024
Risk Levelmedium
Pages2
Reading Time3 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: management-change, board-election, executive-appointment

Related Tickers: PNBK

TL;DR

New CEO, CFO, and 3 directors appointed at Patriot National Bancorp effective April 2, 2024.

AI Summary

On April 2, 2024, Patriot National Bancorp, Inc. announced changes in its executive and director roles. The company elected three new directors: Robert D. Johnson, Jr., Michael J. McEvoy, and David M. Smith. Additionally, the company appointed Michael J. McEvoy as Chief Executive Officer and President, and Robert D. Johnson, Jr. as Chief Financial Officer, effective April 2, 2024.

Why It Matters

This filing indicates a significant leadership transition at Patriot National Bancorp, Inc., with new executives and directors taking the helm, which could signal a strategic shift for the company.

Risk Assessment

Risk Level: medium — Leadership changes can introduce uncertainty and potential strategic shifts, impacting the company's future performance.

Key Players & Entities

  • Patriot National Bancorp, Inc. (company) — Registrant
  • Robert D. Johnson, Jr. (person) — Newly elected director and Chief Financial Officer
  • Michael J. McEvoy (person) — Newly elected director, Chief Executive Officer, and President
  • David M. Smith (person) — Newly elected director
  • April 2, 2024 (date) — Effective date of appointments and elections

FAQ

Who were the newly elected directors of Patriot National Bancorp, Inc.?

Robert D. Johnson, Jr., Michael J. McEvoy, and David M. Smith were elected as directors.

What are the new executive roles appointed on April 2, 2024?

Michael J. McEvoy was appointed Chief Executive Officer and President, and Robert D. Johnson, Jr. was appointed Chief Financial Officer.

What is the effective date for these changes?

The changes are effective as of April 2, 2024.

What is the exact name of the company filing this report?

The exact name of the registrant is PATRIOT NATIONAL BANCORP, INC.

What is the principal executive office address of Patriot National Bancorp, Inc.?

The principal executive offices are located at 900 Bedford Street, Stamford, Connecticut, 06901.

Filing Stats: 712 words · 3 min read · ~2 pages · Grade level 11.8 · Accepted 2024-04-08 17:13:43

Key Financial Figures

  • $0.01 — ich registered Common Stock, par value $0.01 per share PNBK NASDAQ Global Market I

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PATRIOT NATIONAL BANCORP, INC. Date:April 8, 2024 By: /s/ David Lowery David Lowery Chief Executive Officer

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