Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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PATRIOT NATIONAL BANCORP INC (Name of Issuer) |
Common Stock (Title of Class of Securities) |
70336F203 (CUSIP Number) |
Don Blackhurst 2267 Pacini Court, HENDERSON, NV, 89052 7024939946 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
09/26/2024 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 70336F203 |
| 1 |
Name of reporting person
Blackhurst Don | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
257,099.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
6.5 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock |
| (b) | Name of Issuer:
PATRIOT NATIONAL BANCORP INC |
| (c) | Address of Issuer's Principal Executive Offices:
900 BEDFORD ST, STAMFORD,
CONNECTICUT
, 06901. |
| Item 2. | Identity and Background |
| (a) | The Blackhurst Family Trust |
| (b) | 2267 Pacini CtHenderson, NV 89052 |
| (c) | Don Blackhurst, Trustee has had his principal occupation in the Financial Services industry. |
| (d) | None |
| (e) | None |
| (f) | United States |
| Item 3. | Source and Amount of Funds or Other Consideration |
Personal Funds | |
| Item 4. | Purpose of Transaction |
This position was acquired with the intent to hold the shares for investment purposes. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | 257,099 shares, 6.5% of common stock |
| (b) | 257,099 owned by the Blackhurst Family Trust, which is managed by Don or Jennifer Blackhurst |
| (c) | Shares were purchased through a brokerage account owned by the Blackhurst Family Trust and executed by Don Blackhurst, Trustee. Shares purchased on Sep 26, 2024 were sufficient to go over 5% of common stock. The average purchase price for all shares owned was approximately $1.90 per share. |
| (d) | Shares are owned by the Blackhurst Family Trust with Don Blackhurst and Jennifer Blackhurst as Trustees. Either Trustee can make decisions for the trust. |
| (e) | N/A |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
None | |
| Item 7. | Material to be Filed as Exhibits. |
N/A |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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