Marie Pellegrino, the President of Narragansett Bancorp, Inc., has disclosed her ownership of 30,000 shares of the company through a 401(k) plan. This filing, made on November 2, 2026, is significant as it underscores the commitment of company leadership to their own organization, potentially influencing investor confidence.

Background

Narragansett Bancorp, Inc. operates in the savings institutions sector, specifically categorized under savings institutions that are not federally chartered. The company’s Central Index Key (CIK) is 0002138186. Pellegrino Marie is a key figure in the company, serving as both an officer and director.

What the Filing Says

The recent filing indicates that Pellegrino owns no securities other than the reported shares. The document states, "sharesOwnedFollowingTransaction: 30000," confirming her ownership through a 401(k) plan.

Impact

This disclosure may affect investor perceptions regarding the leadership's confidence in the company's future. It also highlights a trend within the savings institutions sector, where insider ownership can serve as a positive signal to investors.

What's Next

The filing does not say what happens next.

Additional Information

Marie Pellegrino's address is listed as 330 Swansea Mall Drive, Swansea, MA 02777, which is also the business address for Narragansett Bancorp, Inc. This alignment of addresses may indicate a close connection between the company and its leadership.

The filing identifies Pellegrino as both an officer and a director, emphasizing her significant role within the organization. As the President, she holds a pivotal position in guiding the strategic direction of Narragansett Bancorp, Inc.

Company Overview

Narragansett Bancorp, Inc. is categorized under the Standard Industrial Classification (SIC) for savings institutions that are not federally chartered, specifically classified as 6036. This classification places the company within a niche sector of the financial industry.

The filing does not provide details on any recent financial performance metrics, upcoming initiatives, or strategic plans that may be relevant to investors. It also lacks information regarding any other securities or financial instruments owned by Pellegrino, aside from the disclosed shares.