Christopher J. Rezendes, a director at Narragansett Bancorp, Inc., has filed a report disclosing his ownership of 500 shares of the company’s common stock. This filing is significant as it showcases the ownership structure and governance within the financial institution, which is vital for maintaining investor trust.

Background

Narragansett Bancorp, Inc. operates in the savings institutions sector, specifically categorized under savings institutions, not federally chartered. The company is identified by its Central Index Key (CIK) number 0002138186. The recent filing history includes a Form 3 filed on November 2, 2026, which details ownership changes by insiders.

What the Filing Says

The filing states that Rezendes owns 500 shares of common stock following the transaction. It specifies that he has direct ownership of these shares, indicating his financial commitment to the company. The filing was signed on November 2, 2026, by Marie Pellegrino, acting under a power of attorney.

Impact

This disclosure affects shareholders and potential investors in Narragansett Bancorp, as it provides insight into the ownership and governance of the company. As a director, Rezendes' stake may influence decision-making and strategic direction, which is crucial for the company's performance in the competitive savings institutions market.

What's Next

The filing does not say what happens next.