Tomasi Mario De

PNBK Director Tomasi bought 85,000 shares at $0.96; holdings now 187,719 shares (+82.8%); stock down -80.0% from 52-week high, company unprofitable.

Tomasi Mario De, a director of PATRIOT NATIONAL BANCORP, acquired 85,000 shares at $0.96, increasing his position by 82.8% to 187,719 shares total. The purchase occurs amid significant headwinds: PNBK trades at $1.08, down -80.0% from its 52-week high of $5.40, and the company reported a net loss of $-1.8M in its most recent full fiscal year. Directors buying into loss-making companies at depressed valuations merit investor attention, but the circumstances here—steep year-to-date decline, negative profitability, and a 30-day decline of -12.2%—warrant scrutiny into whether this reflects genuine conviction in turnaround prospects or a portfolio action with limited strategic visibility. The filing stands as factual evidence of insider accumulation but does not itself clarify management's forward outlook.

Director Tomasi Mario De bought 87,719 shares of PNBK at $1.15, raising holdings 584.8%, as stock trades -82.7% from 52-week high and company posted $-1.8M net income.

Tomasi Mario De, as Director, purchased 87,719 shares at $1.15 on 2026-05-20, increasing his position from 15,000 shares to 102,719 shares. The acquisition occurred against a backdrop of significant stock deterioration: the current price of $1.07 sits -82.7% from the 52-week high of $6.20, with 30-day and 90-day declines of -18.9% and -15.1% respectively. Concurrently, Patriot National Bancorp reported full-year net income of $-1.8M, indicating the company was unprofitable over its most recent full fiscal year. The transaction represents a substantial concentration increase (584.8% growth in holdings) at a depressed valuation relative to recent trading range, occurring while fundamental performance deteriorated.