Two ConnectOne Bancorp Executives Logged March Tax Sales After Equity Vesting

Two ConnectOne Bancorp (CNOB) executives filed the same mechanical-looking pattern within days of each other. Form 4 filings from Frank Sorrentino III and Laura Criscione show code F dispositions on March 20 and March 23, 2026, not open-market code S selling. Based on the filing prices, the two insiders reported about $623K of tax-related share withholding across the three March line items.

What Happened

Sorrentino reported 6,275 shares and 9,882 shares withheld at $25.95 on March 20, then another 5,752 shares at $26.72 on March 23. Those three lines imply about $573K in value, and he still reported 578,187 shares after the latest filing. Criscione reported 508 shares and 832 shares withheld at $25.95 on March 20, then 560 shares at $26.72 on March 23, or roughly $49.7K in combined value, with 100,118 shares still held after the latest filing.

Insider	Date	Code	Shares	Price	After
Frank Sorrentino III	2026-03-23	F	5,752	$26.72	578,187
Frank Sorrentino III	2026-03-20	F	6,275 + 9,882	$25.95	590,214 after the March 20 filings
Laura Criscione	2026-03-23	F	560	$26.72	100,118
Laura Criscione	2026-03-20	F	508 + 832	$25.95	101,186 after the March 20 filings

Why This Looks Mechanical, Not Discretionary

The filings are code F, which usually points to tax withholding tied to vesting or compensation settlement rather than management deciding to reduce exposure in the open market. That distinction matters. It is the difference between a compensation event and a sentiment signal, which is exactly the framework covered in Why Form 4 Tax Withholding Is Not the Same as Open-Market Selling.

The pattern also lines up across two insiders at the same company. That makes the cluster worth noting, but it does not make it bearish by default. If anything, the filings read like a calendar-driven payroll event, not a sudden rethink on CNOB.

Company Context

ConnectOne Bancorp reported fourth-quarter 2025 results on January 29, 2026. Management highlighted positive operating leverage, a modest linked-quarter loan increase, and progress on the company's pending merger with First of Long Island, while also outlining expected branch-consolidation savings. That backdrop matters because a tax-withholding cluster shortly after compensation events carries a different read than a same-week burst of open-market code S sales into negative operating news.

What Investors Should Watch

• Whether future filings from Sorrentino or Criscione switch from code F to discretionary code S or code P.
• Whether the CNOB filing pattern stays concentrated around vesting windows.
• How the merger execution and cost-save targets affect the operating story over the next few quarters.
• Whether related insiders at the company begin to show a different pattern on their profile pages.

Why This Filing Still Matters

Even a mechanical filing is useful when it arrives in a cluster. It tells you when compensation is settling, how much stock executives still hold, and whether the current activity belongs in the same bucket as a real distribution. For that broader workflow, the best follow-ups are How to Read a Multi-Insider Cluster Without Calling It a Bearish Signal, How to Use Insider Profile Pages to Separate Routine Sellers From New Signals, Why Form 4 Tax Withholding Is Not the Same as Open-Market Selling, How to Read a Stock Holder List Without Confusing Big Positions for Fresh Buying, and How to Read Form 4 Transaction Codes Without Confusing a Gift for a Sale.