Patriot National Bancorp director Mario De Tomasi buys $100,876 in stock
Patriot National Bancorp director Mario De Tomasi recently purchased 87,719 shares of the company's common stock for $100,876, increasing his direct ownership to 102,719 shares. This comes as the stock trades at $1.07, an 82% decrease over the past year, and is considered overvalued with "WEAK" financial health by InvestingPro. Additionally, Mr. De Tomasi was granted 66,667 Restricted Stock Units set to vest over three years, while the company has also announced executive team changes, including the departure of Frederick Staudmyer.