Nicholas M. Christ has officially reported his ownership status in Narragansett Bancorp, Inc. through a recent filing. This update is significant as it showcases his commitment to the company, where he serves as Chair of the Board and CEO.
Narragansett Bancorp, Inc. operates in the savings institutions sector, specifically categorized under savings institutions, not federally chartered. The company is headquartered at 330 Swansea Mall Drive, Swansea, MA, and is listed under the Central Index Key (CIK) number 0002138186.
In the filing dated November 2, 2026, Christ disclosed that he owns 22,500 shares of common stock, which he holds through a 401(k) plan. The filing states, "I" for direct ownership, indicating that he has a personal stake in the company.
This ownership report may have implications for investors and stakeholders, as it reflects the confidence of the company's leadership in its future. The filing does not specify any immediate actions or upcoming events related to this ownership change.
Ownership Details
In addition to the 22,500 shares of common stock, the filing indicates that Nicholas M. Christ's ownership is categorized as direct ownership, denoted by the letter 'I'. This classification signifies his personal stake in the company, which is further solidified by the fact that these shares are held through a 401(k) plan.
Company Information
Narragansett Bancorp, Inc. is identified under the Central Index Key (CIK) number 0002138186 and operates within the savings institutions sector, specifically classified as savings institutions, not federally chartered. The company’s fiscal year ends on December 31, and its Employer Identification Number (EIN) is 423540071.
Reporting Owner's Role
Christ's dual role as both Chair of the Board and CEO of Narragansett Bancorp, Inc. underscores his significant influence within the company. His responsibilities likely encompass strategic decision-making and oversight of company operations, which may impact shareholder value and company performance.
"The filing does not provide additional context regarding future plans or strategic initiatives that may be influenced by this ownership stake."
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