Director Maura Ellen Sullivan buys 2,200 ECBK shares at $18.50; holdings rise to 5,700 shares (+62.9%)
Sullivan purchased 2,200 shares of ECBK at $18.50, increasing her stake from 3,500 to 5,700 shares, representing a 62.9% increase in her position. The purchase price of $18.50 is just $0.13 below the current price of $18.37, which sits at the 52-week high, suggesting the purchase occurred near peak valuations. Over the same-ticker history, Sullivan's five prior ECBK purchases (all in December 2025) showed modest 30-day returns ranging from +0.8% to +2.1%, with no measurable 90-day outcomes yet available. The company trades at a P/E of 24.49 with a market cap of $161.6M, reflecting a relatively full valuation. This transaction reflects continued accumulation at a director level but within a historically tight return profile.
Director Maura Ellen Sullivan acquired 3,500 shares in 13 transactions for $58,976.60, building new position from zero holdings.
Director Sullivan initiated a substantial open-market position in ECB Bancorp on December 8–9, 2025, with 13 separate purchases accumulating 3,500 shares at a blended average price of $16.85. This represents a completely new holding from a zero pre-transaction baseline, suggesting a deliberate decision to acquire a meaningful equity stake in her company. The stock currently trades at $16.84, only 0.06% below the blended acquisition price, placing the recent purchases near current market levels. At a P/E of 22.45 and market cap of $148.1M, ECB Bancorp is a modestly capitalized regional bank; the scale of Sullivan's purchase ($58,976.60 across two days) is significant relative to the company's size and represents a notable commitment by a director.
