1 unchanged sentence
Market, Holder and Dividend Information.
−Removed: The Company’s common stock is listed on the NASDAQ Capital Market under the symbol “NBBK.” The approximate number of holders of record of NB Bancorp common stock as of December 31, 2023 was 3,491.
−Removed: Certain shares of NB Bancorp are held in “nominee” or “street” name and accordingly, the number of beneficial owners of such shares is not known or included in the foregoing number.
−Removed: NB Bancorp does not currently pay cash dividends on its common stock.
−Removed: Dividend payments by NB Bancorp are dependent, in part, on dividends it receives from Needham Bank, because NB Bancorp has no source of income other than dividends from Needham Bank, earnings from the investment of proceeds from the sale of shares of common stock in the stock offering which closed in December 2023 retained by NB Bancorp and interest payments with respect to our
−Removed: loan to the Employee Stock Ownership Plan.
+Added: The Company’s common stock is listed on the Nasdaq Capital Market under the symbol “NBBK.” The approximate number of holders of record of NB Bancorp, Inc.
+Added: common stock as of December 31, 2024 was 1,234.
+Added: Certain shares of NB Bancorp, Inc.
+Added: are held in “nominee” or “street” name and accordingly, the number of beneficial owners of such shares is not known or included in the foregoing number.
+Added: NB Bancorp, Inc.
+Added: does not currently pay cash dividends on its common stock.
+Added: Dividend payments by NB Bancorp, Inc.
+Added: are dependent, in part, on dividends it receives from the Bank, because NB Bancorp, Inc.
+Added: has no significant source of income other than dividends from the Bank, earnings from the investment of proceeds from the sale of shares of common stock in the stock offering which closed in December 2023 retained by NB Bancorp, Inc.
+Added: and interest payments with respect to our loan to the Employee Stock Ownership Plan (“ESOP”).
Business—Supervision and Regulation—Federal Banking Regulation—Capital Distributions.”
4 unchanged sentences
Special cash dividends, stock dividends or returns of capital, to the extent permitted by regulations and policies of the Federal Reserve Board and the Commissioner, may be paid in addition to, or in lieu of, regular cash dividends.
−Removed: Other than its Employee Stock Ownership Plan, NB Bancorp does not have any equity compensation plans that were not approved by stockholders.
−Removed: NB Bancorp currently has no other equity compensation plans.
+Added: Other than its ESOP, the Company does not have any equity compensation plans that were not approved by stockholders.
+Added: The Company currently has no other equity compensation plans.
Report of Offering of Securities and Use of Proceeds Therefrom.
1 unchanged sentence
Issuer Purchases of Equity Securities.
−Removed: The Company did not purchase any shares of its common stock during the year ended December 31, 2023.
−Removed: Under current Federal Reserve Board conversion regulations, the Company may not repurchase shares of its common stock during the first year following the Company’s initial public offering, except to fund shareholder-approved equity benefit plans or, with prior regulatory approval, when extraordinary circumstances exist.
+Added: On January 22, 2025, the Company announced the commencement of a stock repurchase program to acquire up to 2,135,287 shares, or 5% of the Company’s then outstanding common stock.
+Added: Repurchases will be made from time to time depending on market conditions and other factors, and will be conducted through open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the SEC.
+Added: There is no guarantee as to the exact number of shares to be repurchased by the Company.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.